# Occidental Petroleum (Oxy) — Mineral Owner's Guide

**TL;DR:** Occidental Petroleum (NYSE: OXY) is one of the largest U.S. oil and gas operators, with approximately 2.8 million net acres primarily in the Permian Basin. Following major acquisitions of Anadarko (2019) and CrownRock (2024), Oxy consolidated substantial Permian acreage and now manages royalty payments for mineral owners previously paid by those companies. Mineral owners can access account information through the OxyLink portal and contact owner relations at 1-800-622-9231.

## Key Takeaways

- **Dominant Permian operator** holding ~2.8 million net acres across Delaware and Midland Basins in Texas and New Mexico, operating in key counties including Reeves, Ward, Pecos, Midland, Martin, Lea, Eddy, and Loving
- **Major acquisitions** include Anadarko Petroleum (2019, added 2M+ acres) and CrownRock (2024, added ~170,000 net Midland Basin acres) — mineral owners previously paid by these companies now receive payments from Occidental
- **OxyLink online portal** provides 24/7 access to royalty statements, tax documents, production data, and account management without requiring phone calls
- **Berkshire Hathaway backing** — Warren Buffett's company holds a major stake in Occidental, providing additional financial stability
- **Integration transition periods** — acquisitions require months to fully consolidate owner systems; mineral owners may experience administrative delays and should verify division orders carefully
- **Owner relations contact** at 1-800-622-9231 or mail at P.O. Box 27570, Houston, TX 77227 for division orders, royalty inquiries, and address changes
- **11 of top 20 Texas mature/EOR field units** operated by OXY including Seminole San Andres, Salt Creek, Bennett Ranch, West Sundown, Cedar Lake, and Wasson units
- **Multi-basin operations** beyond Permian include DJ Basin (Colorado Niobrara/Codell) and Gulf of Mexico deepwater facilities

## Page Highlights

**Company Profile:** Houston-based integrated oil and gas company (NYSE: OXY) operating exploration/production, midstream, and chemicals (OxyChem) segments with major shareholder Berkshire Hathaway.

**Primary Operating Areas:** Core Permian Basin position across Delaware and Midland sub-basins in 8+ counties, plus DJ Basin Colorado operations and Gulf of Mexico offshore production.

**Acquisition History:** Transformative 2019 Anadarko acquisition made Oxy a dominant Permian operator; 2024 CrownRock acquisition expanded Midland Basin footprint by 170,000 net acres.

**Advantages for Mineral Owners:** OxyLink portal for online statement access, extensive Permian expertise and local presence, consistent drilling programs, and Berkshire Hathaway financial backing.

**Considerations:** System consolidation ongoing from multiple acquisitions may cause transition delays, high debt levels from Anadarko deal, potential call wait times during integrations.

**Owner Relations Tools:** Register for OxyLink portal, maintain historical records from acquired operators (Anadarko/CrownRock), allow time for post-acquisition integrations, verify division orders after acquisitions, check for suspended funds during transitions.

**Top Texas Field Units:** OXY operates 11 major mature/EOR units including Seminole San Andres (Gaines Co.), Bennett Ranch/Wasson units (Yoakum Co.), West Sundown/Southeast Levelland (Hockley Co.), Salt Creek (Kent Co.), Cedar Lake (Gaines Co.), South Cross (Crockett Co.), Goldsmith-Landreth (Ector Co.).

## Related Topics

- [Top Oil & Gas Operators Guide](https://www.buckheadenergy.com/operators)
- [Delaware Basin Mineral Rights](https://www.buckheadenergy.com/delaware-basin)
- [Permian Basin Mineral Rights](https://www.buckheadenergy.com/permian-basin)
- [Devon Energy Operator Guide](https://www.buckheadenergy.com/operators/devon-energy)
- [Diamondback Energy Operator Guide](https://www.buckheadenergy.com/operators/diamondback-energy)
- [Mineral Rights Glossary](https://www.buckheadenergy.com/mineral-rights-glossary)
- [How to Sell Mineral Rights](https://www.buckheadenergy.com/how-to-sell-mineral-rights)
- [Understanding ORRIs](https://www.buckheadenergy.com/orri)

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