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Production by Geography
Details production levels across various regions, showing where the company is most active and potential impacts from regional market dynamics or geopolitical factors.
Occidental Petroleum's U.S. production has rebounded significantly since 2020, recently surpassing international output. This aligns with strategic cost efficiencies and improved drilling times in the Delaware Basin. Despite lower oil prices, the company has maintained strong cash flow and reduced debt, thanks to operational efficiencies and the CrownRock acquisition. International production remains stable, but challenges persist due to third-party constraints in the Gulf of America. Occidental's focus on automation and AI in U.S. operations is driving cost reductions, positioning the company well for future growth despite market volatility.
OXY Production by Geography
| Date | United States | International |
|---|---|---|
| Jun 30, 2025 | 1167.00 | 233.00 |
| Mar 31, 2025 | 1167.00 | 224.00 |
| Dec 31, 2024 | 1233.00 | 230.00 |
| Sep 30, 2024 | 1186.00 | 226.00 |
| Jun 30, 2024 | 1031.00 | 227.00 |
| Mar 31, 2024 | 943.00 | 229.00 |
| Dec 31, 2023 | 1000.00 | 234.00 |
| Sep 30, 2023 | 997.00 | 223.00 |
| Jun 30, 2023 | 990.00 | 228.00 |
| Mar 31, 2023 | 1014.00 | 206.00 |
| Dec 31, 2022 | 987.00 | 240.00 |
| Sep 30, 2022 | 944.00 | 236.00 |
| Jun 30, 2022 | 919.00 | 228.00 |
| Mar 31, 2022 | 896.00 | 183.00 |
| Dec 31, 2021 | 952.00 | 237.00 |
| Sep 30, 2021 | 918.00 | 242.00 |
| Jun 30, 2021 | 961.00 | 242.00 |
| Mar 31, 2021 | 904.00 | 213.00 |
| Dec 31, 2020 | 900.00 | 243.00 |
| Sep 30, 2020 | 960.00 | 244.00 |
| Jun 30, 2020 | 1116.00 | 257.00 |
| Mar 31, 2020 | 1175.00 | 262.00 |
