{"product_id":"oxy-business-model-canvas","title":"Occidental Petroleum Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExplore an oil and gas operator's Business Model Canvas: assets, partnerships, carbon strategy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eExplore Occidental Petroleum’s Business Model Canvas to see how its asset portfolio, partnerships, and carbon strategies create competitive advantage. This concise overview highlights revenue streams, cost drivers, and key activities shaping profitability. Purchase the full, downloadable canvas for a detailed, editable breakdown ideal for investors, strategists, and analysts.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUpstream JV and acreage partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eUpstream JVs in the Permian, DJ Basin and Gulf of Mexico let Occidental share subsurface risk and optimize capital efficiency; Permian operations drove roughly 600,000+ boe\/d of U.S. production in 2024, while partners supply complementary acreage, drilling inventory and local expertise. In international basins, NOC and IOC partners enable access and scale, accelerating development while balancing portfolio exposure.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMidstream and pipeline operators\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCrude, gas, NGL and CO2 pipeline partners provide takeaway, gathering and injection capacity that secures midstream access, reducing basis risk and curtailments and improving realizations. CO2 pipeline partners are critical for Oxy’s EOR operations and emerging CCUS hubs, enabling sustained reservoir pressure and monetization of CO2 floods. Long-term tariffs and contracts underpin predictable flow assurance and cash‑flow visibility across asset hubs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOilfield service and technology providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDrilling, completions, seismic and subsurface vendors boost Occidental’s operational performance by delivering faster well cycles and higher subsurface resolution, supporting fields that target EOR uplift of roughly 10–20 percentage points. Advanced EOR chemicals, CO2 handling and monitoring solutions are core to Oxy’s CO2-EOR strategy and can raise recovery while reducing leak risk. Partnerships accelerate deployment of automation and digital oilfield tools that industry studies show can cut operating costs by ~15% and improve safety and innovation through joint vendor programs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCCUS, DAC, and low-carbon technology alliances\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eAlliances with capture tech firms, DAC providers, and storage specialists expand Occidental’s carbon-management capabilities, lowering CAPEX and scale-up risk through joint development and co-investment; MRV partners underpin credit integrity, and these ecosystems enable decarbonization services for industrial clients while global operational CCS capacity reached about 40 MtCO2\/yr by 2024 and DAC capacity remained under 0.1 Mt\/yr.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAlliances: capture, DAC, storage\u003c\/li\u003e\n\u003cli\u003eRisk: shared tech and scale-up costs\u003c\/li\u003e\n\u003cli\u003eMRV: ensures credit integrity\u003c\/li\u003e\n\u003cli\u003eMarket: global CCS ~40 MtCO2\/yr (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernments, regulators, and financing partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eHost governments and regulators enable permits, fiscal terms and pore-space access critical to Occidental’s CCUS and EOR operations; policy frameworks such as the US 45Q (up to 85\/ton for DAC) materially affect project economics. Multilateral and private capital syndicates fund large CCUS and infrastructure projects, and Occidental targets roughly 70 million tCO2\/yr capture capacity by 2035. Public–private collaboration derisks timelines and capital intensity, unlocking tax credits and offtakes.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePermits \u0026amp; pore-space access: government regulators\u003c\/li\u003e\n\u003cli\u003eFunding: multilateral\/private capital for CCUS\u003c\/li\u003e\n\u003cli\u003ePolicy incentives: 45Q up to 85\/ton (DAC)\u003c\/li\u003e\n\u003cli\u003eTarget: ~70 MtCO2\/yr by 2035\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUpstream JVs, CO2 pipelines and tech partners scale EOR\/CCUS to 70 MtCO2\/yr goal\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOxy leverages upstream JVs (Permian ~600,000+ boe\/d in 2024), midstream\/takeaway and CO2 pipeline partners for EOR\/CCUS scale, vendors for ~15% opex cuts via digital\/EOR tech, and capture\/DAC\/storage partners as global CCS reached ~40 MtCO2\/yr in 2024 while Oxy targets ~70 MtCO2\/yr by 2035.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartner\u003c\/th\u003e\n\u003cth\u003e2024 metric\u003c\/th\u003e\n\u003cth\u003eImpact\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePermian JVs\u003c\/td\u003e\n\u003ctd\u003e~600,000+ boe\/d\u003c\/td\u003e\n\u003ctd\u003eScale, cashflow\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCO2 pipelines\u003c\/td\u003e\n\u003ctd\u003eEnables EOR\/CCUS\u003c\/td\u003e\n\u003ctd\u003eRecovery, monetization\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCCS ecosystem\u003c\/td\u003e\n\u003ctd\u003eGlobal ~40 MtCO2\/yr\u003c\/td\u003e\n\u003ctd\u003eDe-risking, credits\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA comprehensive Business Model Canvas for Occidental Petroleum mapping its nine blocks—customer segments, value propositions (E\u0026amp;P, midstream, carbon management), channels, revenue streams, key resources\/partners, activities, cost structure, and customer relationships—with competitive advantages, linked SWOT insights and polished narratives for investor presentations and strategic decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eHigh-level view of Occidental Petroleum’s business model with editable cells — quickly identify core upstream, midstream and carbon-management components for boardroom-ready decisions and fast scenario testing.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eExploration and development drilling\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eIdentify and appraise prospects then execute multi-pad drilling campaigns (2024 programs averaged 4–6 wells per pad) to scale inventory across the Permian, DJ, GOM and select international assets.\u003c\/p\u003e\n\u003cp\u003eOptimize well spacing, landing zones and completions to maximize EURs and lower unit costs, guided by seismic interpretation and real-time geosteering.\u003c\/p\u003e\n\u003cp\u003eMaintain a balanced development queue by geography and play type to smooth capex and production risk in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProduction operations and EOR\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOperate and maintain wells, facilities and flow-assurance systems to sustain Occidental’s ~1.0 million BOE\/d production (2024), with rigorous HSE protocols to minimize downtime. Deploy CO2-EOR across Permian and Gulf Coast assets to lift recovery and extend field life, leveraging large-scale CO2 volumes and injected volumes that drive incremental barrels. Optimize water handling, gas lift and artificial lift to cut operating costs and continuously reduce downtime and emissions intensity.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCarbon capture, utilization, and storage projects\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eNegotiate capture and long-term offtake agreements and develop storage sites and CO2 pipelines to link emitters, aligning with Occidental’s strategy to commercialize large-scale storage and transport hubs.\u003c\/p\u003e\n\u003cp\u003eImplement MRV frameworks meeting 45Q and voluntary market standards to ensure permanence and creditability for stored CO2.\u003c\/p\u003e\n\u003cp\u003eIntegrate DAC pilots like 1PointFive and phase scale-up toward commercial hubs while structuring multi-decade offtake contracts with industrial emitters.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommodity marketing and risk management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental markets crude, gas and NGLs to refiners, utilities and traders while optimizing realizations through basis management, storage and timing; global oil demand averaged about 101.6 million b\/d in 2024 (IEA). Hedging via swaps and collars stabilizes cash flow and protects capital programs, and sales are aligned with pipeline, terminal and export capacity to avoid bottlenecks.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eMarket: refiners, utilities, traders\u003c\/li\u003e\n\u003cli\u003eOptimize: basis, storage, timing\u003c\/li\u003e\n\u003cli\u003eHedge: swaps, collars to protect cash flow\u003c\/li\u003e\n\u003cli\u003eAlign: pipeline, terminal, export capacity\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHSE, regulatory compliance, and stakeholder engagement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpoccidental embeds a safety-first environmental stewardship culture across operations secures permits rights-of-way and pore-space leases for development ccus deployment engages communities landowners to sustain its social license. the company reports emissions flaring performance publicly targets up million tco2 capacity by\u003e\n\u003cp\u003e\u003c\/p\u003e\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eSafety \u0026amp; stewardship embedded in ops\u003c\/li\u003e\n\u003cli\u003ePermits, ROWs, pore-space leases secured\u003c\/li\u003e\n\u003cli\u003eCommunity \u0026amp; landowner engagement for social license\u003c\/li\u003e\n\u003cli\u003eTransparent reporting on emissions, flaring, CCUS (70 MtCO2\/yr by 2035)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/poccidental\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSustain \u003cstrong\u003e~1.0 MM BOE\/d\u003c\/strong\u003e via multi-pad drilling, CO2-EOR and market hedging\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIdentify and appraise prospects then execute multi-pad drilling (2024 programs averaged 4–6 wells per pad) across the Permian, DJ, GOM and select international assets.\u003c\/p\u003e\n\u003cp\u003eOptimize landing zones, spacing and completions using seismic and real-time geosteering to maximize EURs and lower unit costs.\u003c\/p\u003e\n\u003cp\u003eOperate wells, facilities and CO2-EOR programs to sustain ~1.0 million BOE\/d production (2024) and extend field life.\u003c\/p\u003e\n\u003cp\u003eMarket crude, gas and NGLs, hedge via swaps\/collars and develop CO2 transport\/storage and DAC hubs linked to long-term offtakes.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eProduction\u003c\/td\u003e\n\u003ctd\u003e~1.0 MM BOE\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWells per pad\u003c\/td\u003e\n\u003ctd\u003e4–6\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGlobal oil demand (IEA)\u003c\/td\u003e\n\u003ctd\u003e101.6 MM b\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCCUS target\u003c\/td\u003e\n\u003ctd\u003e70 MtCO2\/yr by 2035\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview Before You Purchase\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the actual Occidental Petroleum Business Model Canvas you'll receive—it's not a mockup or teaser. When you purchase, you’ll download this exact, fully structured file ready for editing and presentation. The delivered package includes both Word and Excel formats and contains all content and pages shown here, formatted exactly as previewed.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReserves, resources, and acreage positions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental’s core holdings in the Permian (≈1.2 million net acres), DJ Basin and Gulf of Mexico drive most volumes and cash flow. International concessions across Latin America and the Middle East diversify geology and fiscal regimes. A multi-year development inventory underpins long-term optionality (10+ years). Proved reserves (~2.0 billion BOE) provide bankable collateral for planning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCO2 and CCUS infrastructure\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental leverages CO2 sources, pipelines, injection wells and storage reservoirs to enable EOR and long‑term sequestration, targeting 70 Mtpa of CO2 capacity by 2035. MRV systems and subsurface models track pressure, plume migration and integrity across reservoirs. DAC pilots via Carbon Engineering (1 Mt\/yr plant design, ~600M USD capex) add future capture capacity. Hub‑and‑spoke networks support services to third‑party emitters.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperational facilities and logistics\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental’s central processing facilities, gathering systems and terminals enable scalable throughput across its asset base, supporting roughly 1.2 million boe\/d of production in 2024. Integrated power, produced water handling and sand logistics drive unit cost and uptime outcomes, lowering downtime risk. Offshore platforms and subsea tiebacks in the Gulf of Mexico expand low-decline economics and reserve recovery. Onshore and terminal storage plus blending assets enhance marketed crude and product optionality.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHuman capital and technical know-how\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eGeoscience, reservoir, drilling, HSE and commercial teams execute complex upstream and carbon projects in 2024, delivering optimized production and risk-managed field development; EOR and carbon-management expertise (CO2 EOR plus direct air capture partnerships) materially differentiate operational and financial performance. Data science and automation accelerate decisions while regulatory and partner relationships shorten permitting and project timelines.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTeams: geoscience, reservoir, drilling, HSE, commercial (2024)\u003c\/li\u003e\n\u003cli\u003eDifferentiators: EOR \u0026amp; carbon management\u003c\/li\u003e\n\u003cli\u003eCapabilities: data science \u0026amp; automation\u003c\/li\u003e\n\u003cli\u003eExecution: regulator \u0026amp; partner relationships\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBalance sheet and capital access\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental’s balance sheet and capital access underpin large programs: liquidity and committed credit facilities plus capital-markets issuance funded operations and CCUS buildouts, with reported 2024 available liquidity of about $10 billion supporting investment and returns. Structured finance and project-level vehicles back CCUS hubs, while robust hedging programs stabilize oil-and-gas cash flows. Strong 2024 cash generation enabled continued reinvestment and shareholder distributions.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLiquidity: ~ $10 billion available (2024)\u003c\/li\u003e\n\u003cli\u003eCredit \u0026amp; capital markets: ongoing issuances and facilities\u003c\/li\u003e\n\u003cli\u003eStructured finance: project vehicles for CCUS hubs\u003c\/li\u003e\n\u003cli\u003eHedging: stabilizes cash flows\u003c\/li\u003e\n\u003cli\u003eCash generation: funds reinvestment and shareholder returns\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePermian scale, ~2.0B BOE reserves, ~1.2M boe\/d and 70 Mtpa CO2 target by 2035\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental’s key resources: Permian ~1.2M net acres, proved reserves ~2.0B BOE and ~1.2M boe\/d production (2024). CO2 infrastructure and targets: 70 Mtpa by 2035, DAC pilot 1 Mt\/yr (Carbon Engineering) ~600M USD capex. Liquidity ~10B USD (2024) plus committed facilities, structured finance for CCUS hubs and hedging to stabilize cash flow.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePermian acres\u003c\/td\u003e\n\u003ctd\u003e~1.2M\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProved reserves\u003c\/td\u003e\n\u003ctd\u003e~2.0B BOE\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eProd capacity\u003c\/td\u003e\n\u003ctd\u003e~1.2M boe\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLiquidity\u003c\/td\u003e\n\u003ctd\u003e~$10B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCO2 target\u003c\/td\u003e\n\u003ctd\u003e70 Mtpa by 2035\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eDAC\u003c\/td\u003e\n\u003ctd\u003e1 Mt\/yr; ~$600M capex\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eReliable supply of oil, gas, and NGLs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eConsistent volumes from tier-one basins, led by the Permian, underpin Occidental’s dependable feedstock profile and support its position as one of the largest U.S. oil producers. Diversified marketing across refiners, utilities, and midstream partners reduces disruption risk by spreading exposure geographically and by counterparty. Long-term contracts, commonly spanning 3–10 years, align deliveries with refiner and utility needs while operational discipline sustains scheduled volumes and cadence.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLower-carbon barrels via CO2-EOR and CCUS\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental leverages CO2-EOR and CCUS to cut net lifecycle emissions intensity by injecting CO2 into producing reservoirs, linking lower-carbon barrels to reduced scope 3 intensity; as of 2024 Occidental is a leading CO2-EOR operator with extensive pipeline and storage assets. Customers access decarbonized molecules for compliance and ESG reporting while MRV-backed storage underpins credible carbon credits. Integrated operations and scale reduce reported cost per ton stored, supporting commercial viability.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDecarbonization-as-a-service for emitters\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental offers turnkey capture, transport and storage that de-risk emitter transitions by bundling CO2 capture with pipeline and geologic storage services; OXY expanded this capability by acquiring Carbon Engineering via 1PointFive in 2023. Long-dated storage contracts (typically 10–20 years) provide price certainty for buyers. Commercial DAC adds removals for hard-to-abate sectors and OXY’s regulatory familiarity expedites permitting and project deployment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCost-efficient operations with technology edge\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental leverages scale—~1.2 million boe\/d in 2024—to drive learning-curve gains and digital optimization that lower lifting costs to roughly $6–8\/boe, while flexible development pacing aligns capex with market cycles. Strong uptime and industry-leading safety metrics cut non-productive time, and marketing optionality improves realized netbacks through hedging and direct sales.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eScale: ~1.2MM boe\/d (2024)\u003c\/li\u003e\n\u003cli\u003eLower lifting costs: ~$6–8\/boe\u003c\/li\u003e\n\u003cli\u003eFlexible pacing: market-linked capex\u003c\/li\u003e\n\u003cli\u003eHigh uptime \u0026amp; safety: reduced NPT\u003c\/li\u003e\n\u003cli\u003eMarketing optionality: higher netbacks\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRisk-managed cash flows and optionality\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eOccidental smooths earnings via active hedging and multi-basin production (Permian, Rockies, Gulf of Mexico) and flexible contract structures; optionality across oil, gas, NGL and expanding CCUS businesses increases resilience and revenue mix. Portfolio rebalancing and JVs tailor capital intensity while agreements with investment-grade counterparties lower collection risk in 2024.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHedging\u003c\/li\u003e\n\u003cli\u003eDiversified basins\u003c\/li\u003e\n\u003cli\u003eContract structures\u003c\/li\u003e\n\u003cli\u003eOil\/gas\/NGL\/CCUS optionality\u003c\/li\u003e\n\u003cli\u003ePortfolio rebalancing \u0026amp; JVs\u003c\/li\u003e\n\u003cli\u003eCreditworthy counterparties\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eE\u0026amp;P scale and CCUS: \u003cstrong\u003e1.2MM boe\/d\u003c\/strong\u003e, \u003cstrong\u003e$6-8\/boe\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental combines scale (~1.2MM boe\/d in 2024) and low lifting costs (~$6–8\/boe) with multi-basin production and active hedging to secure stable feedstock and cashflows. Leading CO2-EOR and CCUS (1PointFive\/Carbon Engineering acquisition) link lower-carbon barrels and MRV-backed storage to commercial decarbonization solutions. Turnkey capture-to-storage, long-term contracts (10–20y storage) and marketing optionality raise customer certainty.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eProduction\u003c\/td\u003e\n\u003ctd\u003e~1.2MM boe\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eLifting cost\u003c\/td\u003e\n\u003ctd\u003e$6–8\/boe\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eStorage contract term\u003c\/td\u003e\n\u003ctd\u003e10–20 years\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLong-term offtake and supply contracts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eMulti-year offtake and supply contracts with refiners, utilities and industrials (typically 3–20 year tenors across hydrocarbon and commodity deals) secure volume certainty for Occidental. Indexed pricing with regional differentials tied to WTI\/Brent\/Nymex aligns incentives. Take-or-pay and firmness terms support cash-flow predictability and operational planning. Performance clauses enforce delivery reliability and penalties.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eStrategic decarbonization partnerships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCo-develop CCUS projects with emitters and technology partners to share site selection, engineering and offtake risks, structuring shared investment and revenue models that align capital deployment with capture upside. Joint MRV and transparent reporting protocols build trust with partners and regulators. Collaborate on clear regulatory and incentive milestones to de-risk financing and accelerate deployment.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDedicated account management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDedicated account management delivers tailored logistics, scheduling, and quality management for key accounts, which for Occidental—producing about 1.0 million BOE\/d in 2024—focus on sustaining high-value flows. Single points of contact streamline communication and escalation, while regular contract reviews (quarterly) optimize performance. Rapid issue resolution protocols preserve service levels and contractual KPIs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital interfaces and EDI integration\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eDigital customer portals at Occidental in 2024 deliver nominations, invoices and emissions data to counterparties, enhancing schedule visibility. EDI and API links automate confirmations and scheduling, reducing manual touchpoints and accelerating cycle times. Enhanced data transparency supports planning and auditability, while cybersecure systems protect sensitive commercial and emissions information.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePortals: nominations, invoices, emissions\u003c\/li\u003e\n\u003cli\u003eIntegration: EDI\/API for confirmations \u0026amp; scheduling\u003c\/li\u003e\n\u003cli\u003eBenefits: improved planning \u0026amp; audits\u003c\/li\u003e\n\u003cli\u003eSecurity: cybersecure data protection\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnical support and co-optimization\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cptechnical support and co-optimization: collaborate on crude assays blending refinery runs to align feedstocks minimize penalties advise ccus capture specs compression meet transport storage thresholds joint planning in reduced run-rate bottlenecks off-spec lifting throughput margins continuous improvement programs raised mutual value lowered unit costs industry range\u003e\n\u003cp\u003e\u003c\/p\u003e\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCrude assay alignment\u003c\/li\u003e\n\u003cli\u003eBlending\/refinery run co-planning\u003c\/li\u003e\n\u003cli\u003eCCUS capture \u0026amp; compression specs\u003c\/li\u003e\n\u003cli\u003eBottleneck\/penalty reduction\u003c\/li\u003e\n\u003cli\u003eContinuous improvement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ptechnical\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMulti-year offtakes, indexed pricing and CCUS secure \u003cstrong\u003e1,000,000 BOE\/d\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental secures volume via multi-year offtake\/supply contracts (typ. 3–20 year tenors) with indexed pricing and take-or-pay terms for cash-flow predictability. Co-development of CCUS shares capex\/revenue risk with shared MRV and regulatory milestones; 2024 CCUS unit cost range cited $40–$120\/tonne. Dedicated account management for ~1.0 million BOE\/d production (2024) and quarterly contract reviews sustain reliability.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eProduction\u003c\/td\u003e\n\u003ctd\u003e~1,000,000 BOE\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eContract tenor\u003c\/td\u003e\n\u003ctd\u003e3–20 years\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCCUS unit cost\u003c\/td\u003e\n\u003ctd\u003e$40–$120\/tonne\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eReview cadence\u003c\/td\u003e\n\u003ctd\u003eQuarterly\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDirect sales to refiners and utilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAccount teams negotiate term and spot sales directly with refiners and utilities, balancing long-term contracts and market-priced lifts to optimize margins. Quality and delivery specs are tailored to plant requirements, against a US refinery operable capacity of about 18 million bpd in 2024. Scheduling leverages pipeline nominations and terminal slots to meet just-in-time throughput. Relationship focus drives recurring volumes and contract renewals.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePipeline networks and terminals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCrude, gas, NGL and CO2 move on Occidental’s business via contracted pipeline and terminal capacity, securing take-or-pay flows and margin capture. Access to hubs such as Cushing and Houston improves pricing and liquidity—Cushing’s storage capacity is roughly 76 million barrels (EIA, 2024). Terminals provide storage, blending and export loadings, while physical connectivity underpins operational reliability and market access.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCommodity marketers and traders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIn-house and third-party commodity marketers at Occidental optimize price realization across ~1.2 million boe\/d of upstream sales (2024), using basis, storage and timing strategies to capture differential spreads and seasonal premiums. Traders extend reach to buyers in 40+ countries, enhancing liquidity and hedging options. Structured deals and tolling arrangements balance downside risk with commercial flexibility.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital platforms and EDI\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eDigital platforms enable online nominations, confirmations and billing to streamline operations; in 2024 Occidental extended EDI workflows to support faster settlements and self-service portals that cut cycle times. Integrated data feeds support customer ERP integration while emissions and MRV dashboards serve CCUS clients and compliance reporting.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOnline nominations, confirmations, billing\u003c\/li\u003e\n\u003cli\u003eERP data feeds for customers\u003c\/li\u003e\n\u003cli\u003eEmissions \u0026amp; MRV dashboards for CCUS\u003c\/li\u003e\n\u003cli\u003eSelf-service reduces cycle times\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePartnership-driven CCUS hubs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003ePartnership-driven CCUS hubs aggregate regional emitters, capture technologies and storage to create economies of scale; shared infrastructure has cut unit transport and storage costs by an estimated 25–30% in recent projects. Standardized contracts streamline onboarding while Occidental’s local presence in key basins increases stakeholder confidence; global CCUS capacity reached about 50 MtCO2\/yr in 2024.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAggregate emitters\u003c\/li\u003e\n\u003cli\u003eStandardized contracts\u003c\/li\u003e\n\u003cli\u003eShared infra = lower unit costs\u003c\/li\u003e\n\u003cli\u003eLocal presence = stakeholder trust\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSell crude, gas \u0026amp; CO2; \u003cstrong\u003e1.2M\u003c\/strong\u003e boe\/d and CCUS 25–30% cost cuts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAccount teams sell crude, gas, NGLs and CO2 via contracts, spot and tolling, leveraging pipeline\/terminal access and hubs to optimize realization; ~1.2M boe\/d sales (2024). Digital EDI\/ERP and MRV dashboards speed settlements and customer integration. CCUS hubs aggregate emitters, cutting transport\/storage unit costs ~25–30%; global CCUS ~50 MtCO2\/yr (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue (2024)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eUpstream sales\u003c\/td\u003e\n\u003ctd\u003e~1.2M boe\/d\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUS refinery capacity\u003c\/td\u003e\n\u003ctd\u003e~18M bpd\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCushing storage\u003c\/td\u003e\n\u003ctd\u003e~76M barrels\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGlobal CCUS capacity\u003c\/td\u003e\n\u003ctd\u003e~50 MtCO2\/yr\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCCUS unit cost cut\u003c\/td\u003e\n\u003ctd\u003e25–30%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRefiners and integrated oil companies\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRefiners and integrated oil companies buy crude grades that match refinery slates and prioritize reliable volumes and logistics to sustain throughput; global oil demand averaged about 101 million barrels per day in 2024 (IEA), underpinning steady feedstock needs. U.S. refinery utilization averaged roughly 88% in 2024 (EIA), driving interest in long-term offtakes, commonly 3–7 years, and blending arrangements. Growing regulatory and market pressure is increasing demand for lower-carbon feedstocks and bio-blends in refinery inputs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePower generators and gas utilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003ePower generators and gas utilities buy pipeline-quality gas and NGLs from Occidental to meet fuel and system needs, with natural gas supplying roughly 38% of US electricity in 2024 and US working gas inventories near 2,945 Bcf at year-end. They value steady delivery and storage options and often require hedging and price stability as Henry Hub averaged about $2.86\/MMBtu in 2024. Many are evaluating CCUS partnerships with Occidental to decarbonize gas-fired generation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIndustrial emitters and petrochemicals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eIndustrial emitters—cement, steel, ammonia and chemical plants—drive roughly 30% of global CO2 emissions and urgently need CCUS solutions; long-lived facilities favor multi-decade (20–30 year) storage contracts for asset-level de-risking. Capture integration demands engineering, retrofit capex and O\u0026amp;M support tied to plant throughput. Carbon credit integrity is paramount after 2023–24 market scrutiny of standards and registries.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTraders and marketers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eTraders and marketers source volumes for arbitrage and global distribution, leveraging Occidental’s supply to capture regional spreads; flexible contract terms and ready liquidity are key to executing opportunities. Quality assurance and precise timing drive realized margins, while derivatives—futures and swaps—are used to hedge price and basis exposure.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003earbitrage sourcing\u003c\/li\u003e\n\u003cli\u003eflexible terms \u0026amp; liquidity\u003c\/li\u003e\n\u003cli\u003equality \u0026amp; timing\u003c\/li\u003e\n\u003cli\u003ederivatives hedging\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGovernment and public-sector stakeholders\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eGovernment and public-sector stakeholders grant permits and pore-space rights for projects, shape policy-driven initiatives and can be counterparties for credits or incentives; under 2024 US policy 45Q supports credits up to 85\/ton for DAC and ~60\/ton for other CCS, and Oxy targets ~10 Mtpa CO2 capture by 2030, making transparency, compliance and permitting timelines central to project economics.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ePermitting \u0026amp; pore-space\u003c\/li\u003e\n\u003cli\u003eCounterparty for credits\/incentives\u003c\/li\u003e\n\u003cli\u003eRequire transparency \u0026amp; compliance\u003c\/li\u003e\n\u003cli\u003eDrive timelines \u0026amp; economics\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRefiners, power, industry and governments propel CCUS demand, long-term offtakes and 45Q credits\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eRefiners, power\/gas, industrial emitters, traders and governments form Occidental’s core customers, each valuing reliability, contract tenor, quality and decarbonization options. Demand drivers: oil ~101 mbpd (2024), US refinery util ~88%, gas ~38% of US power; financial terms hinge on hedging, long-term offtakes and CCUS incentives. Permitting, pore-space and 45Q credits (up to $85\/t DAC) shape project economics.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey 2024 metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRefiners\u003c\/td\u003e\n\u003ctd\u003eOil 101 mbpd; US util 88%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePower \u0026amp; gas\u003c\/td\u003e\n\u003ctd\u003eGas 38% power; HH $2.86\/MMBtu; 2,945 Bcf\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIndustrial CCUS\u003c\/td\u003e\n\u003ctd\u003e~30% CO2; long-term storage; 45Q up to $85\/t\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTraders\u003c\/td\u003e\n\u003ctd\u003eArb \u0026amp; hedging; flexible terms\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGovernment\u003c\/td\u003e\n\u003ctd\u003ePermits\/pore-space; Oxy target ~10 Mtpa CO2 by 2030\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCapital expenditures for drilling and facilities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003ePad drilling, completions and processing plants account for the bulk of Occidental’s upstream spend—roughly 60% of project-related capex—while offshore tiebacks and maintenance (about 10–15%) sustain Gulf of Mexico output.\u003c\/p\u003e\n\u003cp\u003eCCUS hubs need substantial upfront infrastructure, often involving multi‑billion dollar commitments per hub; Occidental phases these investments to align with cash generation and internal funding targets through the mid‑2020s.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOperating expenses and lifting costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eField labor, power, chemicals and routine maintenance are the primary drivers of Occidental Petroleum’s operating expenses and lifting costs, with shale water handling and disposal representing a material share of opex in the Permian and DJ Basin.\u003c\/p\u003e\n\u003cp\u003eEnhanced oil recovery adds incremental costs from compression and CO2 handling and transport, notably on steamflood and CO2-EOR projects.\u003c\/p\u003e\n\u003cp\u003eContinuous improvement programs in 2024 targeted unit cost reductions through efficiency, automation and scale economies.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTransportation, tariffs, and marketing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePipeline and terminal fees materially compress Occidental’s netbacks, with Permian takeaway differentials averaging around 8 USD\/bbl in 2024, raising per‑barrel transport burdens; storage and blending add variable costs often running fractions to low single‑digit USD\/bbl; basis management and logistics create additional hedging and trucking expenses; export access to Gulf Coast\/Asian markets can carry premiums of roughly 1–3 USD\/bbl.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRoyalties, taxes, and regulatory compliance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eRoyalties to mineral owners and governments scale directly with production volumes and commissioned wells, reducing per-unit margins as output rises.\u003c\/p\u003e\n\u003cp\u003eSeverance and corporate income taxes (US federal rate 21% in 2024) materially affect net margins depending on jurisdictional mixes.\u003c\/p\u003e\n\u003cp\u003eOngoing HSE and MRV compliance, plus permitting and monitoring, create steady operating overhead and capitalized compliance spending.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRoyalties scale with volumes\u003c\/li\u003e\n\u003cli\u003eUS federal tax rate 21% (2024)\u003c\/li\u003e\n\u003cli\u003eContinuous HSE\/MRV compliance costs\u003c\/li\u003e\n\u003cli\u003ePermitting and monitoring add overhead\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDecommissioning and R\u0026amp;D\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eDecommissioning and R\u0026amp;D drive a recurring cost base: asset retirement obligations require provisioning and categorical spend, with Gulf of Mexico plugging and abandonment representing a material, regional exposure for Occidental.\u003c\/p\u003e\n\u003cp\u003eR\u0026amp;D investment in enhanced oil recovery, direct air capture and CCUS improves long‑term project economics; pilots and pilots‑to‑scale transitions require targeted funding and capital allocation to derisk commercialization.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTags: AROs, GOM plugging, EOR, DAC, CCUS, pilot funding\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003e\n\u003cstrong\u003e~60%\u003c\/strong\u003e pads; offshore \u003cstrong\u003e10–15%\u003c\/strong\u003e; Permian \u003cstrong\u003e~8\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePad drilling, completions and processing are ~60% of project capex; offshore tiebacks\/maintenance ~10–15%. Permian takeaway differential ~8 USD\/bbl (2024); US federal tax 21%. CCUS hubs need multi‑billion upfront spend; AROs\/GOM plugging and R\u0026amp;D\/DAC pilots are recurring costs.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eItem\u003c\/th\u003e\n\u003cth\u003e2024 metric\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eUpstream project capex\u003c\/td\u003e\n\u003ctd\u003e~60%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOffshore\/maintenance\u003c\/td\u003e\n\u003ctd\u003e10–15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePermian differential\u003c\/td\u003e\n\u003ctd\u003e~8 USD\/bbl\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUS federal tax\u003c\/td\u003e\n\u003ctd\u003e21%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCrude oil sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCrude oil sales are Occidental’s primary revenue, driven by Permian, DJ Basin, Gulf of Mexico and international production, with 2024 guidance targeting roughly 1.2 million boe\/d of total oil and gas production. Volumes are priced to WTI\/Brent benchmarks with quality differentials and a mix of long-term contracts and spot sales to balance cash flow. Growing exports in 2024 expanded access to global Brent-linked pricing, lifting realized oil prices versus domestic benchmarks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eNatural gas and NGL sales\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eOccidental sells natural gas to utilities, industrials and third-party marketers, capturing steady cash flows from firm contracts and spot volumes. NGLs are monetized via fractionation and rising petrochemical demand, supporting higher-value but volatile NGL realizations. Pricing is driven by basis and seasonal spreads (Henry Hub averaged about $2.80\/MMBtu in 2024), while storage and pipeline optionality enhance timing and basis capture.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCO2-EOR services and production uplift\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOccidental generates fees and margin from supplying and injecting CO2 for EOR while capturing value from incremental barrels produced; CO2-EOR contracts and service rates underpin recurring revenue. CO2-EOR commonly increases recovery by 30–60%, driving incremental barrels that boost cash flow per well. Integration of capture, transport and injection lowers unit CO2 handling costs and, with multi-decade field life, extends predictable cash flows.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCCUS storage fees and carbon credits\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental secures long-term contracts to capture and store third-party CO2, monetizing via per-ton storage fees and policy-driven credits; federal incentives (45Q) and market pricing enhance revenue visibility in 2024. MRV-backed credits support both compliance and voluntary markets, enabling sale or swap of verified tonnes. Regional CCUS hubs scale operations into annuity-like revenues with multi-decadal contract terms.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eLong-term contracts: predictable fee income\u003c\/li\u003e\n\u003cli\u003eStorage fees + 45Q credits: policy-linked uplifts\u003c\/li\u003e\n\u003cli\u003eMRV-backed credits: compliance + voluntary sales\u003c\/li\u003e\n\u003cli\u003eHubs: scalable, annuity-like cashflows\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarketing, trading, and hedging gains\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOccidental captures margins by optimizing basis, timing, and crude quality across marketing, trading, and hedging activities; derivatives deliver realized hedge gains during volatile oil cycles while blending and logistics arbitrage create incremental income, and structured products deepen customer relationships and lock-in volumes.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eBasis, timing, quality optimization\u003c\/li\u003e\n\u003cli\u003eDerivatives → realized hedge gains\u003c\/li\u003e\n\u003cli\u003eBlending \u0026amp; logistics arbitrage\u003c\/li\u003e\n\u003cli\u003eStructured products deepen partnerships\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntegrated oil, gas, CO2-EOR and CCUS drive multi-decade cashflows, \u003cstrong\u003e1.2M\u003c\/strong\u003e boe\/d (2024)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCrude oil is primary revenue, 2024 guidance ~1.2 million boe\/d with Brent\/WTI-linked pricing and growing export volumes. Natural gas and NGLs deliver steady contract and spot sales (Henry Hub ~$2.80\/MMBtu in 2024). CO2-EOR provides margin via incremental barrels (30–60% recovery uplift) and service fees. CCUS\/storage monetized through per-ton fees plus 45Q-linked credits, creating multi-decade annuity cashflows.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eRevenue stream\u003c\/th\u003e\n\u003cth\u003e2024 metric\u003c\/th\u003e\n\u003cth\u003ePricing\/notes\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eCrude oil\u003c\/td\u003e\n\u003ctd\u003e~1.2M boe\/d\u003c\/td\u003e\n\u003ctd\u003eWTI\/Brent benchmarks, exports↑\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eGas \u0026amp; NGLs\u003c\/td\u003e\n\u003ctd\u003eContract+spot\u003c\/td\u003e\n\u003ctd\u003eHenry Hub ~$2.80\/MMBtu\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCO2-EOR\u003c\/td\u003e\n\u003ctd\u003eIncremental barrels\u003c\/td\u003e\n\u003ctd\u003e30–60% recovery uplift, service fees\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCCUS storage\u003c\/td\u003e\n\u003ctd\u003ePer-ton fees\u003c\/td\u003e\n\u003ctd\u003e45Q credits, MRV-backed sales\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eMarketing \u0026amp; hedging\u003c\/td\u003e\n\u003ctd\u003eMargin capture\u003c\/td\u003e\n\u003ctd\u003eBasis, timing, derivatives\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"PESTEL Analysis","offers":[{"title":"Default Title","offer_id":58098153619804,"sku":"oxy-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/8127\/0620\/files\/oxy-business-model-canvas.png?v=1781802895","url":"https:\/\/pestel-analysis.com\/products\/oxy-business-model-canvas","provider":"PESTEL ANALYSIS","version":"1.0","type":"link"}