Occidental Petroleum on Friday closed the sale of its mineral and royalty rights, spanning nearly 250,000 acres in the Denver-Julesburg (DJ) Basin in Colorado, to Elk Range Royalties for $905 million.

Occidental Petroleum’s OXY oil and gas business delivered 711 thousand barrels of oil equivalent per day in the second quarter, exceeding the midpoint and top end of guidance by 3.6% and 1.8% ...

Occidental Petroleum Corp. divested non-core proved and unproved royalty and mineral stakes in the DJ Basin for about $900 million and certain non-core Permian Basin assets for around $400 million ...

Occidental Petroleum DJ Basin Well Performance Improvement History (Occidental Petroleum Earnings Conference Call Slides Third Quarter 2023) ...

The Thesis. Thanks to the 50% ownership of Western Midstream (NYSE:WES) by Occidental Petroleum (), the midstream company will benefit from the proposed expansion in the DJ Basin.The DJ Basin's ...

Occidental Petroleum Corporation ... In the DJ Basin, the corporation successfully drilled a two-mile lateral well in just 80 hours and reduced well costs by 20% compared to earlier this year.

Occidental is considered one of the largest U.S. acreage holders (DJ Basin, Permian Basin, Powder River and the Gulf of Mexico). In the third quarter, the Oxy Chemical segment accounted for 17.7% ...

Hollub said Oxy’s team in the Rockies drilled the industry’s longest DJ Basin well ever at over 25,000 feet in eight days. “This well set a new lateral length record for Oxy at over 18,000 ...

Occidental Petroleum could make a needle-moving deal. ... It significantly enhanced Chevron's position in the DJ Basin where it added 275,000 net acres. Meanwhile, ...

Occidental Petroleum is one of the largest producers in the Permian Basin, where it controls about 2.8 million net acres of land. It recently strengthened its position through its $12 billion ...

Sitio Royalties Corp. is acquiring 13,062 net royalty acres (NRAs) primarily in the core of the DJ Basin for $150.0 million from an undisclosed third party. The transaction enhances the Denver ...