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PS - Oxy drastically improves operations on Anadarko acreage - March 4, 2020

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On the Texas Delaware Basin acreage it acquired as part of its purchase of Anadarko Petroleum last year, Occidental Petroleum is recovering more barrels per section with fewer wells and lowering costs utilizing its proprietary development approach. The Anadarko method used a higher density of wells with landing zones in the Wolfcamp X, Y and A. Oxy’s method uses 14% fewer wells per section and targets the Third Bone Spring, Wolfcamp Y and Wolfcamp......
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