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Occidental is the second-largest oil producer offshore Qatar, where we operate Idd El Shargi North Dome (ISND), located approximately 50 miles east of the Qatar peninsula; Idd El Shargi South Dome (ISSD), about 15 miles south of ISND; and Al Rayyan (Block 12), located northeast of the Qatar peninsula. For two decades, Occidental has worked in close cooperation with Qatar Petroleum to develop and operate offshore oilfields.

After assuming operation of ISND in 1994, Occidental increased production through extensive horizontal drilling, waterflooding and multilateral production. We continue to improve recovery rates and add new reserves through state-of-the-art reservoir characterization processes and technical development programs.

In 2013, Occidental received approval from the Government of Qatar for the fifth phase of field development of the ISND Field. Based on upgraded reservoir simulation models, the work will focus on implementing and improving waterflooding practices in all oil-producing reservoirs, in order to improve ultimate recovery and further optimize long-term production and recoverable reserves.

In addition, Occidental continues field development activities within the ISSD and Al Rayyan oilfields, which will include additional drilling beyond 2014.

Also in Qatar, Occidental participates in the Dolphin Gas Project, which supplies natural gas produced from wells offshore Qatar to customers in the United Arab Emirates and Oman.