EX-99.1 4 oxy-20231231.htm EX-99.1 Document
Exhibit 99.1
Payments by Project for the year ended December 31, 2023, in Thousands of US Dollars
SegmentCountryProjectPayment CurrencyFeesRoyaltiesTaxesBonusesTotal
Corporate1
United StatesEntity Level US Federal Income TaxUSD$— $— $485,476 $— $485,476 
Corporate Total$— $— $485,476 $— $485,476 
Oil and GasAlgeriaDZ-30—Oil/Natural Gas—WellIn-Kind$— $— $285,006 $— $285,006 
ColombiaCO-MAG (Caribbean Sea)—Oil/Natural Gas—WellCOP$1,065 $— $— $— $1,065 
OmanOM-DA—Oil/Natural Gas—WellIn-Kind$— $— $10,053 $— $10,053 
USD$1,400 $— $— $— $1,400 
OM-WU—Oil/Natural Gas—WellIn-Kind$— $— $83,020 $— $83,020 
USD$1,250 $— $— $— $1,250 
OM-ZA—Oil/Natural Gas—WellIn-Kind$— $— $242,356 $— $242,356 
USD$2,717 $— $— $96,868 $99,585 
QatarQA-KH—Oil/Natural Gas—WellIn-Kind$— $— $78,342 $— $78,342 
UAEAE-AZ—Natural Gas—WellAED$1,700 $— $— $— $1,700 
AE-AZ—Oil/Natural Gas—WellAED$— $— $1,129 $— $1,129 
United KingdomDZ-30—Oil/Natural Gas—WellGBP$— $— $249 $— $249 
United StatesUS-CO—Oil/Natural Gas—WellUSD$14 $2,662 $— $— $2,676 
US-LA (Gulf of Mexico)—Oil/Natural Gas—WellUSD$8,637 $430,591 $— $23,524 $462,752 
US-NM—Oil/Natural Gas—WellUSD$190 $440,201 $— $— $440,391 
US-TX—Oil/Natural Gas—WellUSD$806 $26,290 $— $— $27,096 
US-WY—Oil/Natural Gas—WellUSD$128 $57 $— $— $185 
Oil and Gas Total$17,907 $899,801 $700,155 $120,392 $1,738,255 
Grand Total$17,907 $899,801 $1,185,631 $120,392 $2,223,731 
1 Pursuant to Instruction 4 to Item 2.01 of Form SD, because the U.S. federal government has levied a payment obligation at the entity level rather than on a particular project, Occidental Petroleum Corporation has disclosed the entity-level payment and has not excluded amounts attributable to particular business segments or projects (each as defined in Form SD) unrelated to the commercial development of oil, natural gas or minerals.



Payments by Government for the year ended December 31, 2023, in Thousands of US Dollars
CountryGovernmentGovernment EntityFeesRoyaltiesTaxesBonusesTotal
AlgeriaGovernment of AlgeriaMINISTRY OF FINANCE$— $— $285,006 $— $285,006 
Algeria Total$— $— $285,006 $— $285,006 
ColombiaGovernment of ColombiaAGENCIA NACIONAL DE HIDROCARBUROS$1,065 $— $— $— $1,065 
Colombia Total$1,065 $— $— $— $1,065 
OmanGovernment of OmanMINISTRY OF ENERGY AND MINERALS$5,367 $— $— $— $5,367 
MINISTRY OF FINANCE$— $— $— $96,868 $96,868 
TAX AUTHORITY$— $— $335,429 $— $335,429 
Oman Total$5,367 $— $335,429 $96,868 $437,664 
QatarGovernment of QatarGENERAL TAX AUTHORITY$— $— $78,342 $— $78,342 
Qatar Total$— $— $78,342 $— $78,342 
UAEGovernment of Abu DhabiABU DHABI NATIONAL OIL COMPANY$1,700 $— $— $— $1,700 
DEPARTMENT OF FINANCE – ABU DHABI$— $— $1,129 $— $1,129 
UAE Total$1,700 $— $1,129 $— $2,829 
United KingdomGovernment of the UKHM REVENUE & CUSTOMS$— $— $249 $— $249 
United Kingdom Total$— $— $249 $— $249 
United StatesFederal GovernmentOFFICE OF NATURAL RESOURCES REVENUE$9,585 $458,963 $— $23,524 $492,072 
DEPARTMENT OF TREASURY$— $440,838 $485,476 $— $926,314 
US BUREAU OF LAND MANAGEMENT$190 $— $— $— $190 
United States Total$9,775 $899,801 $485,476 $23,524 $1,418,576 
Grand Total$17,907 $899,801 $1,185,631 $120,392 $2,223,731