Occidental Permian, Ltd. · Los Angeles, CA United States
Company Description
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This link will open in a new window Occidental Permian is all about oil, Texas Tea. The company is the largest oil producer in Texas and has proved reserves in the Permian Basin of 1.2 billion barrels of oil equivalent. Nearly 60% of the oil Occidental Permian obtains comes from CO2 flooding, a procedure that is used when pumping and water injection no longer works. The company is a subsidiary of Occidental Oil and Gas (itself a subsidiary of Occidental Petroleum ), and became the major player in the Permian Basin with the parent's acquisition of Altura Energy in 2000 for a reported $3.6 billion. To read the full description, subscribe now.
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Key Occidental Permian, Ltd. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 900 |
Occidental Permian, Ltd. Executives
3 executives listed for Occidental Permian, Ltd.'s Los Angeles, CA location.
| Title | Name & Bio | Contact |
| President & General Manager, Oxy Permian Services President & General Manager, Oxy Permian Services | Ken Dillon | Network |
| Manager Finance, Oxy Permian Services | David Powell | Network |
| Asset Development Manager, Oxy Permian Services | Jeff Simmons | Network |
Competition
Competitive Landscape for Occidental Permian, Ltd.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Occidental Permian, Ltd. Competitors
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