Occidental Petroleum 2001 Annual Report Download - page 84

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2000
Oil -- Exploratory 1.6 1.3 -- 2.9
Development 273.9 8.1 119.0 401.0
Gas -- Exploratory 3.4 -- 0.6 4.0
Development 32.9 -- 4.3 37.2
Dry -- Exploratory 1.2 2.7 1.0 4.9
Development 25.3 -- 1.2 26.5
----------------------------------------------- ---------- ---------- ---------- ----------
1999
Oil -- Exploratory 1.0 -- -- 1.0
Development 76.8 5.4 105.1 187.3
Gas -- Exploratory -- -- .5 .5
Development 13.4 -- 4.5 17.9
Dry -- Exploratory 1.9 -- -- 1.9
Development 13.3 -- 1.1 14.4
----------------------------------------------- ---------- ---------- ---------- ----------
The following table sets forth, as of December 31, 2001, Occidental's
productive oil and gas wells (both producing wells and wells capable of
production). The numbers in parentheses indicate the number of wells with
multiple completions.
PRODUCTIVE OIL AND GAS WELLS
United Latin Eastern Total
Wells at December 31, 2001 States America Hemisphere Worldwide
======================================= ============ ============ ============ ============
Oil -- Gross(a) 16,673 (246) 241 (--) 951 (72) 17,865 (318)
Net(b) 11,413 (167) 114 (--) 517 (47) 12,044 (214)
Gas -- Gross(a) 2,226 (20) -- (--) 32 (1) 2,258 (21)
Net(b) 1,858 (13) -- (--) 13 (1) 1,871 (14)
--------------------------------------- ------------ ------------ ------------ ------------
(a) The total number of wells in which interests are owned or which are
operated under service contracts.
(b) The sum of fractional interests.
The following table sets forth, as of December 31, 2001, Occidental's
participation in exploratory and development wells being drilled.
PARTICIPATION IN EXPLORATORY AND DEVELOPMENT WELLS BEING DRILLED
United Latin Eastern Total
Wells at December 31, 2001 States America Hemisphere Worldwide
=============================================== ========== ========== ========== ==========
Exploratory and development wells -- Gross 35 5 11 51
Net 24 3 5 32
----------------------------------------------- ---------- ---------- ---------- ----------
At December 31, 2001, Occidental was participating in 115 pressure
maintenance projects in the United States, 4 in Latin America and 16 in the
Eastern Hemisphere.
74
The following table sets forth, as of December 31, 2001, Occidental's
holdings of developed and undeveloped oil and gas acreage.
OIL AND GAS ACREAGE
United Latin Eastern Total
Thousands of acres at December 31, 2001 States America Hemisphere Worldwide
=============================================== ========== ========== ========== ==========