The Midcontinent and Other properties include interests the Piceance Basin in western Colorado, the Williston Basin in North Dakota, and the Eagle Ford Shale and other areas in South Texas.
Occidental has owned interests in the Piceance Basin, one of the largest natural gas reserves in the U.S., since the 1970s. The company is maximizing production, reducing drilling times and working to minimize its environmental footprint in the Piceance through a variety of drilling, completion and other operational technologies.
Occidental's South Texas assets comprise of 176,000 net acres of the Vicksburg, Wilcox, Frio and Eagle Ford fields acquired since January 2011. The company uses 3-D seismic surveys and cutting-edge managed pressure drilling techniques to efficiently extract oil and liquid-rich gas from a variety of complex, high-temperature, high-pressure formations.
Occidental's assets in North Dakota encompass approximately 335,000 net acres of oil producing and prospective unconventional properties in the Williston Basin. Occidental is focused on efficient development of the Bakken, Pronghorn and Three Forks reservoirs.