Occidental Petroleum Corporation is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the fourth largest U.S. oil and gas company, based on market capitalization.
The company has over 40,000 employees and contractors on four continents.
IIn the United States, Oxy is the largest oil producer in Texas and the largest natural gas producer in California, with additional operations in Kansas, Oklahoma and New Mexico.
In the Middle East - North Africa, Oxy has assets in Libya, Oman, Qatar, Yemen and is a partner in the transborder Dolphin Project supplying natural gas from Qatar to markets in the United Arab Emirates.
Latin American operations include producing assets in Colombia and Argentina .
Occidental Chemical (OxyChem) manufactures vinyls and specialty chemical products in addition to chlorine and caustic soda - the building blocks for products such as pharmaceuticals, water disinfectants, detergents and others. OxyChem has manufacturing sites in the U.S., Canada and Latin America and has headquarters in Dallas, TX.
Occidental reported revenues in 2011 of $23.9 billion and record net income of $6.77 billion.
Steven Chazen, President and CEO of Occidental said, “Our domestic fourth quarter oil and gas production of 449,000 barrels of oil equivalent per day was the highest in Occidental’s history, breaking the previous record achieved last quarter. The domestic production also reflected our highest ever quarterly volume for liquids. Total company production was 748,000 BOE per day for the fourth quarter, an increase of nearly 5 percent from the fourth quarter of 2010. Total company production for the full year of 2011 was 733,000 BOE per day, an increase of nearly 4 percent from 2010.”
Occidental began as a small, California oil and gas company in the 1920s.
In 1961, Oxy made its first major discovery, drilling to previously unexplored depths near the Sacramento Basin in northern California to discover the state's second largest dry gas field at Lathrop.
Over the next 10 years, Oxy expanded its worldwide operation with successes in Libya, Peru, Venezuela, Bolivia, Trinidad and the United Kingdom. Oxy's explorationists uncovered vast reserves of oil and gas in the dense jungles of South America to the cold, stormy waters of the North Sea. In 1968, Oxy entered the chemical business with the acquisition of Hooker Chemicals.
Benefits start on the day of hire.
- Medical coverage - HMO and PPO
Vacation Days Based on Years of Service
Updated July 15, 2012