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EXHIBIT 25.5

FORM T-1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF
A CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) / /

THE BANK OF NEW YORK
(Exact name of trustee as specified in its charter)

New York (State of incorporation if not a U.S. national bank)	13-5160382 (I.R.S. employer identification no.)
One Wall Street, New York, N.Y. (Address of principal executive offices)	10286 (Zip code)

OCCIDENTAL PETROLEUM CORPORATION
(Exact name of obligor as specified in its charter)

Delaware (State or other jurisdiction of incorporation or organization)	95-4035997 (I.R.S. employer identification no.)
10889 Wilshire Boulevard Los Angeles, California (Address of principal executive offices)	90024 (Zip code)

Guarantee of Preferred Securities of
Oxy Capital Trust II
(Title of the indenture securities)

1.    General information. Furnish the following information as to the Trustee:

(a)

Name and address of each examining or supervising authority to which it is subject.

Name	Address
Superintendent of Banks of the State of New York	2 Rector Street, New York, N.Y. 10006, and Albany, N.Y. 12203
Federal Reserve Bank of New York	33 Liberty Plaza, New York, N.Y. 10045
Federal Deposit Insurance Corporation	Washington, D.C. 20429
New York Clearing House Association	New York, New York 10005

(b)

Whether it is authorized to exercise corporate trust powers.

Yes.

2.    Affiliations with Obligor.

If the obligor is an affiliate of the trustee, describe each such affiliation.

None.

16.  List of Exhibits.

Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).

1.

A copy of the Organization Certificate of The Bank of New York (formerly Irving Trust Company) as now in effect, which contains the authority to commence business and a grant of powers to exercise corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration Statement No. 33-21672 and Exhibit 1 to Form T-1 filed with Registration Statement No. 33-29637.)



4.

A copy of the existing By-laws of the Trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 33-31019.)



6.

The consent of the Trustee required by Section 321(b) of the Act. (Exhibit 6 to Form T-1 filed with Registration Statement No. 33-44051.)



7.

A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

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SIGNATURE

        Pursuant to the requirements of the Act, the Trustee, The Bank of New York, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on the 31th day of January, 2002.

THE BANK OF NEW YORK
By:	/s/  MARY LAGUMINA Name: Mary Lagumina Title: Vice President

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EXHIBIT 7

Consolidated Report of Condition of
THE BANK OF NEW YORK
of One Wall Street, New York, N.Y. 10286
And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business September 30, 2001, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

		Dollar Amounts In Thousands
ASSETS
Cash and balances due from depository institutions:
	Noninterest-bearing balances and currency and coin	$	3,238,092
	Interest-bearing balances		5,255,952
Securities:
	Held-to-maturity securities		127,193
	Available-for-sale securities		12,143,488
Federal funds sold and Securities purchased under agreements to resell			281,677
Loans and lease financing receivables:
	Loans and leases held for sale		786
	Loans and leases, net of unearned income		46,206,726
	LESS: Allowance for loan and lease losses		607,115
	Loans and leases, net of unearned income and allowance		45,599,611
Trading Assets			9,074,924
Premises and fixed assets (including capitalized leases)			783,165
Other real estate owned			935
Investments in unconsolidated subsidiaries and associated companies			200,944
Customers' liability to this bank on acceptances outstanding			311,521
Intangible assets
	Goodwill		1,546,125
	Other intangible assets		8,497
Other assets			8,761,129
Total assets		$	87,334,039
LIABILITIES
Deposits:
	In domestic offices	$	28,254,986
	Noninterest-bearing		10,843,829
	Interest-bearing		17,411,157
	In foreign offices, Edge and Agreement subsidiaries, and IBFs		31,999,406
	Noninterest-bearing		1,006,193
	Interest-bearing		30,993,213
Federal funds purchased and securities sold under agreements to repurchase			6,004,678
Trading liabilities			2,286,940
Other borrowed money: (includes mortgage indebtedness and obligations under capitalized leases)			1,845,865
Bank's liability on acceptances executed and outstanding			440,362
Subordinated notes and debentures			2,196,000
Other liabilities			7,606,565
Total liabilities		$	80,634,802
EQUITY CAPITAL
Common stock			1,135,284
Surplus			1,050,729
Retained earnings			4,436,230
Accumulated other comprehensive income			76,292
Other equity capital components			0
Total equity capital			6,698,535
Total liabilities and equity capital		$	87,334,039

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        I, Thomas J. Mastro, Senior Vice President and Comptroller of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the Board of Governors of the Federal Reserve System and is true to the best of my knowledge and belief.

Thomas J. Mastro,
Senior Vice President and Comptroller

        We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the Board of Governors of the Federal Reserve System and is true and correct.

Thomas A. Renyi	)
Gerald L. Hassell	)	Directors
Alan R. Griffith	)

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EXHIBIT 7