Occidental Petroleum 2001 Annual Report Download - page 85

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Developed(a) -- Gross(b) 3,622 20 1,198 4,840
Net(c) 2,760 10 408 3,178
----------------------------------------------- ---------- ---------- ---------- ----------
Undeveloped(d) -- Gross(b) 1,536 8,853 24,000 34,389
Net(c) 1,116 7,423 11,441 19,980
----------------------------------------------- ---------- ---------- ---------- ----------
(a) Acres spaced or assigned to productive wells.
(b) Total acres in which interests are held.
(c) Sum of the fractional interests owned based on working interests, or shares
of production if under production-sharing agreements.
(d) Acres on which wells have not been drilled or completed to a point that
would permit the production of commercial quantities of oil and gas,
regardless of whether the acreage contains proved reserves.
The following table sets forth, for each of the three years in the period
ended December 31, 2001, Occidental's U.S. oil, NGL and natural gas production.
OIL AND NATURAL GAS PRODUCTION -- U.S.
Liquids Production Natural Gas Production
Thousands of barrels per day Millions of cubic feet per day
------------------------------ ------------------------------
2001 2000 1999 2001 2000 1999
===================================== ======== ======== ======== ======== ======== ========
California 76 70 52 303 306 287
Permian 137 101 13 148 119 55
Hugoton -- -- -- 159 168 172
Others -- 1 8 -- 66 148
-------- -------- -------- -------- -------- --------
TOTAL 213 172 73 610 659 662
===================================== ======== ======== ======== ======== ======== ========
The following table sets forth, for each of the three years in the period
ended December 31, 2001, Occidental's international oil and natural gas
production.
OIL AND NATURAL GAS PRODUCTION -- INTERNATIONAL
Oil Production Natural Gas Production
Thousands of barrels per day Millions of cubic feet per day
------------------------------ ------------------------------
2001 2000 1999 2001 2000 1999
===================================== ======== ======== ======== ======== ======== ========
Bangladesh -- -- -- -- -- 8
Colombia 18 32 43 -- -- --
Ecuador 13 17 15 -- -- --
Oman 12 9 15 -- -- --
Pakistan 7 6 5 50 49 44
Peru -- -- 38 -- -- --
Qatar 43 49 58 -- -- --
Russia 27 26 27 -- -- --
Yemen 33 32 32 -- -- --
-------- -------- -------- -------- -------- --------
TOTAL 153 171 233 50 49 52
===================================== ======== ======== ======== ======== ======== ========
75
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Unaudited) Occidental Petroleum Corporation
In millions and Subsidiaries
Additions
--------------------------
Balance at Charged to Charged to Balance at
Beginning Costs and Other End of
of Period Expenses Accounts Deductions Period
================================================ ========== ========== ========== ========== ==========
2001