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PS - Occidental Petroleum Highlights - May 13, 2020

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Occidental Petroleum drilled a 10,000-ft horizontal at Silvertip in northern Loving County, Texas, in 15.2 days, which is more than four days faster than the prior record on the acreage. Drilling times in the area are down 14% in the Oxy era compared to Anadarko’s 2019 average. Oxy’s first Silvertip well has flowed back 361,000 bo (489,000 boe) in the first 150 days compared to the Anadarko average of 150,000......
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