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Occidental Petroleum Corp Inc
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Credit Suisse Energy Summit
| Stephen I. Chazen | Page 23 of 11 |
June 09, 2026
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Permian Basin Overview • Approximately 1.2 billion BOE of proved reserves at year end 2010 • 2011 production of 198,000 boe/d • Largest oil producer in Permian (~15% net share of total) • Largest operator in Permian (of 1,500+ operators) 23 • ~64% of Oxy’s Permian oil production is from CO2 related EOR projects • Have another 2.5 BBOE of likely recoverable resource • 1.7 bcf/d (0.5 tcf/year) of CO2 • Ample supply of CO2 accelerates project implementations