OXY - Occidental Petroleum Corporation
09/26/2024 | Press release | Distributed by Public on 09/26/2024 15:06
Specialized Disclosure Report - Form SD
Payments by Project for the year ended December 31, 2023, in Thousands of US Dollars
| Segment | Country | Project | Payment Currency | Fees | Royalties | Taxes | Bonuses | Total | |||||
|
Corporate1
|
United States | Entity Level US Federal Income Tax | USD | $ | - | $ | - | $ | 485,476 | $ | - | $ | 485,476 |
| Corporate Total | $ | - | $ | - | $ | 485,476 | $ | - | $ | 485,476 | |||
| Oil and Gas | Algeria | DZ-30-Oil/Natural Gas-Well | In-Kind | $ | - | $ | - | $ | 285,006 | $ | - | $ | 285,006 |
| Colombia | CO-MAG (Caribbean Sea)-Oil/Natural Gas-Well | COP | $ | 1,065 | $ | - | $ | - | $ | - | $ | 1,065 | |
| Oman | OM-DA-Oil/Natural Gas-Well | In-Kind | $ | - | $ | - | $ | 10,053 | $ | - | $ | 10,053 | |
| USD | $ | 1,400 | $ | - | $ | - | $ | - | $ | 1,400 | |||
| OM-WU-Oil/Natural Gas-Well | In-Kind | $ | - | $ | - | $ | 83,020 | $ | - | $ | 83,020 | ||
| USD | $ | 1,250 | $ | - | $ | - | $ | - | $ | 1,250 | |||
| OM-ZA-Oil/Natural Gas-Well | In-Kind | $ | - | $ | - | $ | 242,356 | $ | - | $ | 242,356 | ||
| USD | $ | 2,717 | $ | - | $ | - | $ | 96,868 | $ | 99,585 | |||
| Qatar | QA-KH-Oil/Natural Gas-Well | In-Kind | $ | - | $ | - | $ | 78,342 | $ | - | $ | 78,342 | |
| UAE | AE-AZ-Natural Gas-Well | AED | $ | 1,700 | $ | - | $ | - | $ | - | $ | 1,700 | |
| AE-AZ-Oil/Natural Gas-Well | AED | $ | - | $ | - | $ | 1,129 | $ | - | $ | 1,129 | ||
| United Kingdom | DZ-30-Oil/Natural Gas-Well | GBP | $ | - | $ | - | $ | 249 | $ | - | $ | 249 | |
| United States | US-CO-Oil/Natural Gas-Well | USD | $ | 14 | $ | 2,662 | $ | - | $ | - | $ | 2,676 | |
| US-LA (Gulf of Mexico)-Oil/Natural Gas-Well | USD | $ | 8,637 | $ | 430,591 | $ | - | $ | 23,524 | $ | 462,752 | ||
| US-NM-Oil/Natural Gas-Well | USD | $ | 190 | $ | 440,201 | $ | - | $ | - | $ | 440,391 | ||
| US-TX-Oil/Natural Gas-Well | USD | $ | 806 | $ | 26,290 | $ | - | $ | - | $ | 27,096 | ||
| US-WY-Oil/Natural Gas-Well | USD | $ | 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
| Country | Government | Government Entity | Fees | Royalties | Taxes | Bonuses | Total | |||||
| Algeria | Government of Algeria | MINISTRY OF FINANCE | $ | - | $ | - | $ | 285,006 | $ | - | $ | 285,006 |
| Algeria Total | $ | - | $ | - | $ | 285,006 | $ | - | $ | 285,006 | ||
| Colombia | Government of Colombia | AGENCIA NACIONAL DE HIDROCARBUROS | $ | 1,065 | $ | - | $ | - | $ | - | $ | 1,065 |
| Colombia Total | $ | 1,065 | $ | - | $ | - | $ | - | $ | 1,065 | ||
| Oman | Government of Oman | MINISTRY 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 | ||
| Qatar | Government of Qatar | GENERAL TAX AUTHORITY | $ | - | $ | - | $ | 78,342 | $ | - | $ | 78,342 |
| Qatar Total | $ | - | $ | - | $ | 78,342 | $ | - | $ | 78,342 | ||
| UAE | Government of Abu Dhabi | ABU 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 Kingdom | Government of the UK | HM REVENUE & CUSTOMS | $ | - | $ | - | $ | 249 | $ | - | $ | 249 |
| United Kingdom Total | $ | - | $ | - | $ | 249 | $ | - | $ | 249 | ||
| United States | Federal Government | OFFICE 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 |