The United States is the heart of Oxy’s oil and gas business. Our net developed and undeveloped oil and gas assets in the U.S. encompass nearly 8.1 million net acres.
Oxy’s U.S. operations are organized in several regions. The largest of these is in the Permian Basin of West Texas and southeast New Mexico, where Oxy is the No. 1 oil producer. Oxy operates more active carbon dioxide (CO2) floods than any other CO2 flood operator.
In California, Oxy is the largest natural gas producer and largest oil and gas producer on a gross-operated barrels of oil equivalent basis. We are also the state’s largest mineral acreage owner (leasehold and fee), with approximately 2.1 million net acres.
Oxy’s natural gas production in the midcontinent region of the U.S. includes the Hugoton Field in Kansas, Oklahoma and eastern Colorado; the Piceance Basin in western Colorado; the Williston Basin in North Dakota; fields in South Texas; and the bulk of non-associated gas assets in the Permian Basin.
Oxy continually strives to strengthen its North America position by increasing production through strategic acquisitions and additional development in each of the company’s key U.S. business areas.