Occidental's Anadarko Acquisition to Expand Already-Heavy Permian Presence

SUGAR LAND--August 6, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Occidental Petroleum Corporation (NYSE:OXY) (Houston, Texas) is closing in on its anticipated acquisition of oil and gas producer Anadarko Petroleum Corporation (NYSE:APC) (The Woodlands, Texas). The deal will expand Occidental's geographic presence in the domestic drilling market with the addition of nearly 250,000 acres in the Permian Basin, and provide it with access to fields in Colorado and Wyoming. Industrial Info is tracking more than $3.6 billion worth of projects involving Occidental, the bulk of which is in the Oil & Gas Production Industry.

Within this article: Details on some of Occidental's highest-valued ventures, including oil and gas exploration projects in the Permian Basin and northern Texas.