Occidental Petroleum 2014 Annual Report Download - page 32
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Environmental Remediation
($ amounts
in millions)
2013
2012
# of
Sites
Reserve
Balance
# of
Sites
Reserve
Balance
NPL sites
31
$ 25
35
$ 54
Third-party sites
74
83
75
84
Occidental-operated
sites
20
118
22
123
Closed or non-operated
Occidental sites
32
104
29
83
Total
157
$ 330
161
$ 344
(in millions)
2013
2012
Balance — Beginning of Year
$ 344
$ 360
Remediation expenses and interest accretion
60
56
Spin-off of California Resources
—
—
Payments
(74)
(72)
Balance — End of Year
$ 330
$ 344
Environmental Costs
(in millions)
2013
2012
Oil and Gas
$ 100
$ 116
Chemical
75
70
Midstream and Marketing
13
13
$ 188 $ 199
Oil and Gas
$ 67
$ 79
Chemical
14
18
Midstream and Marketing
5
8
$ 86
$ 105
Corporate
$ 60
$ 56
31