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Consolidated Statements of Income - USD ($) $ in Millions	12 Months Ended
Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007
REVENUES AND OTHER INCOME
Net sales	$ 15,403	$ 24,217	$ 18,784
Interest, dividends and other income	118	236	355
Gains on disposition of assets, net	10	27	874
TOTAL REVENUES AND OTHER INCOME	15,531	24,480	20,013
COSTS AND OTHER DEDUCTIONS
Cost of sales (excludes depreciation, depletion and amortization of $3,067 in 2009, $2,664 in 2008 and $2,338 in 2007)	5,360	7,423	6,454
Selling, general and administrative and other operating expenses	1,350	1,257	1,320
Depreciation, depletion and amortization	3,117	2,710	2,379
Taxes other than on income	433	588	414
Environmental remediation	25	28	107
Exploration expense	267	327	364
Charges for impairments	170	647	58
Interest and debt expense, net	140	129	339
TOTAL COSTS AND OTHER DEDUCTIONS	10,862	13,109	11,435
INCOME BEFORE INCOME TAXES AND OTHER ITEMS	4,669	11,371	8,578
Provision for domestic and foreign income taxes	1,918	4,629	3,507
Income from equity investments	(227)	(213)	(82)
INCOME FROM CONTINUING OPERATIONS	2,978	6,955	5,153
Discontinued operations, net	(12)	18	322
NET INCOME	2,966	6,973	5,475
Less: Net income attributable to noncontrolling interest	(51)	(116)	(75)
NET INCOME ATTRIBUTABLE TO COMMON STOCK	$ 2,915	$ 6,857	$ 5,400
BASIC EARNINGS PER COMMON SHARE (attributable to common stock)
Income from continuing operations (in dollars per share)	$ 3.60	$ 8.35	$ 6.06
Discontinued operations, net (in dollars per share)	(0.01)	0.02	0.39
BASIC EARNINGS PER COMMON SHARE (in dollars per share)	3.59	8.37	6.45
DILUTED EARNINGS PER COMMON SHARE (attributable to common stock)
Income from continuing operations (in dollars per share)	3.59	8.32	6.03
Discontinued operations, net (in dollars per share)	(0.01)	0.02	0.39
DILUTED EARNINGS PER COMMON SHARE (in dollars per share)	3.58	8.34	6.42
DIVIDENDS PER COMMON SHARE (in dollars per share)	$ 1.31	$ 1.21	$ 0.94

RETIREMENT PLANS AND POSTRETIREMENT BENEFITS

12 Months Ended

Dec. 31, 2009

Notes to Consolidated Financial Statements

RETIREMENT PLANS AND POSTRETIREMENT BENEFITS

NOTE 13 RETIREMENT PLANS AND POSTRETIREMENT BENEFITS

Occidental has various benefit plans for its salaried, domestic union and nonunion hourly, and certain foreign national employees.

DEFINED CONTRIBUTION PLANS

All domestic employees and certain foreign national employees are eligible to participate in one or more of the defined contribution retirement or savings plans that provide for periodic contributions by Occidental based on plan-specific criteria, such as base pay, age level and employee contributions. Certain salaried employees participate in a supplemental retirement plan that provides restoration of benefits lost due to governmental limitations on qualified retirement benefits. The accrued liabilities for the supplemental retirement plan were $95 million and $97 million as of December 31, 2009 and 2008, respectively, and Occidental expensed $97 million in 2009, $93 million in 2008 and $86 million in 2007 under the provisions of these defined contribu tion and supplemental retirement plans.

DEFINED BENEFIT PLANS

Participation in defined benefit plans is limited and approximately 1,100 domestic and 2,100 foreign national employees, mainly union, nonunion hourly and certain employees that joined Occidental from acquired operations with grandfathered benefits, are currently accruing benefits under these plans.

Pension costs for Occidental’s defined benefit pension plans, determined by independent actuarial valuations, are generally funded by payments to trust funds, which are administered by independent trustees.

OTHER POSTRETIREMENT BENEFIT PLANS

Occidental provides medical and dental benefits and life insurance coverage for certain active, retired and disabled employees and their eligible dependents. The benefits are generally funded by Occidental as the benefits are paid during the year. The total benefit costs, including the postretirement costs, were approximately $161 million in 2009, $144 million in 2008 and $131 million in 2007.

OBLIGATIONS AND FUNDED STATUS

Occidental recognizes the overfunded or underfunded amounts of its defined benefit pension and postretirement plans in its financial statements and uses a measurement date of December 31. The following table shows the funding status of Occidental’s plans:

	Pension Benefits						Postretirement Benefits
							Unfunded Plans						Funded Plans
For the years ended December 31, (in millions)	2009			2008			2009			2008			2009			2008

Changes in benefit obligation:
Benefit obligation — beginning of year	$	542		$	527		$	768		$	662		$	39		$	33
Service cost — benefits earned during the period	15			14			16			13			1			—
Interest cost on projected benefit obligation	28			30			39			36			2			2
Actuarial loss	28			23			74			112			2			5
Foreign currency exchange rate loss (gain)	15			(16		)	—			—			—			—
Benefits paid	(46		)	(45		)	(55		)	(55		)	(1		)	(1		)
Business acquisitions	—			—			6			—			—			—
Plan amendments and other	1			9			—			—			—			—

Benefit obligation — end of year	$	583		$	542		$	848		$	768		$	43		$	39

Changes in plan assets:
Fair value of plan assets — beginning of year	$	400		$	567		$	—		$	—		$	3		$	4
Actual return on plan assets	91			(136		)	—			—			—			(1		)
Foreign currency exchange rate gain (loss)	6			(5		)	—			—			—			—
Employer contributions	31			19			—			—			—			1
Benefits paid	(46		)	(45		)	—			—			(1		)	(1		)

Fair value of plan assets — end of year	$	482		$	400		$	—		$	—		$	2		$	3

Unfunded status:	$	(101	)	$	(142	)	$	(848	)	$	(768	)	$	(41	)	$	(36	)

The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for defined benefit pension plans with an accumulated benefit obligation in excess of plan assets were $184 million, $161 million and $35 million, respectively, as of December 31, 2009, and $388 million, $363 million and $233 million, respectively, as of December 31, 2008. The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for defined benefit pension plans with plan assets in excess of the accumulated benefit obligation were $399 million, $390 million and $447 million, respectively, as of December 31, 2009, and $154 million, $146 million and $167 million, respectively, as of December&nbs p;31, 2008.

Occidental has 401(h) accounts established within certain defined benefit pension plans. These plans allow Occidental to fund postretirement medical benefits for employees at two of its operations. Contributions to these 401(h) accounts are made at Occidental’s discretion. All of Occidental’s other postretirement benefit plans are unfunded.

Amounts recognized in the consolidated balance sheets consist of:

	Pension Benefits						Postretirement Benefits
							Unfunded Plans						Funded Plans
As of December 31, (in millions)	2009			2008			2009			2008			2009			2008
Other assets	$	52		$	21		$	—		$	—		$	—		$	—
Accrued liabilities	(10		)	(10		)	(56		)	(51		)	—			—
Deferred credits and other liabilities — other	(143		)	(153		)	(792		)	(717		)	(41		)	(36		)
	$	(101	)	$	(142	)	$	(848	)	$	(768	)	$	(41	)	$	(36	)

At December 31, 2009 and 2008, AOCI included the following after-tax balances:

	Pension Benefits				Postretirement Benefits
					Unfunded Plans				Funded Plans
As of December 31, (in millions)	2009		2008		2009		2008		2009		2008
Net loss	$	103	$	139	$	243	$	208	$	12	$	11
Prior service cost	2		3		3		4		—		—
	$	105	$	142	$	246	$	212	$	12	$	11

Occidental does not expect any plan assets to be returned during 2010.

COMPONENTS OF NET PERIODIC BENEFIT COST AND OTHER AMOUNTS RECOGNIZED IN OCI

	Pension Benefits									Postretirement Benefits
										Unfunded Plans						Funded Plans
For the years ended December 31, (in millions)	2009			2008			2007			2009		2008		2007		2009		2008		2007
Net periodic benefit costs:
Service cost — benefits earned during the period	$	15		$	14		$	9		$	16	$	13	$	12	$	1	$	—	$	1
Interest cost on benefit obligation	28			30			27			39		36		34		2		2		2
Expected return on plan assets	(25		)	(39		)	(38		)	—		—		—		—		—		(1		)
Amortization of prior service cost	1			—			1			1		1		1		—		—		—
Recognized actuarial loss	20			6			3			20		15		14		1		1		1
Settlement and special termination benefits cost (a)	—			—			3			—		—		—		—		—		—
Currency adjustments	11			(12		)	10			—		—		—		—		—		—

Net periodic benefit cost	$	50		$	(1	)	$	15		$	76	$	65	$	61	$	4	$	3	$	3

(a) Settlement cost relates to benefit distributions made in 2007.

The estimated net loss and prior service cost for the defined benefit pension plans that will be amortized from AOCI into net periodic benefit cost over the next fiscal year are $12 million and $1 million, respectively. The estimated net loss and prior service cost for the defined benefit postretirement plans that will be amortized from AOCI into net periodic benefit cost over the next fiscal year are $25 million and $1 million, respectively.

ADDITIONAL INFORMATION

Occidental’s defined benefit pension and postretirement benefit plan obligations are determined based on various assumptions and discount rates. The discount rate assumptions used are meant to reflect the interest rate at which the obligations could effectively be settled on the measurement date. Occidental uses the fair value of assets to determine expected return on plan assets in calculating pension expense. Occidental funds and expenses negotiated pension increases for domestic union employees over the terms of the applicable collective bargaining agreements.

The following table sets forth the weighted-average assumptions used to determine Occidental’s benefit obligation and net periodic benefit cost for domestic plans:

	Pension Benefits				Postretirement Benefits
					Unfunded Plans				Funded Plans
For the years ended December 31,	2009		2008		2009		2008		2009		2008
Benefit Obligation Assumptions:
Discount rate	5.12	%	5.25	%	5.12	%	5.25	%	5.12	%	5.25	%
Rate of compensation increase	4.00	%	4.00	%	—		—		—		—

Net Periodic Benefit Cost Assumptions:
Discount rate	5.25	%	5.68	%	5.25	%	5.68	%	5.25	%	5.68	%
Assumed long term rate of return on assets	6.50	%	7.00	%	—		—		6.50	%	7.00	%
Rate of compensation increase	4.00	%	4.00	%	—		—		—		—

For domestic pension plans and postretirement benefit plans, Occidental based the discount rate on the Hewitt Bond Universe yield curve in 2009 and 2008. The weighted-average rate of increase in future compensation levels is consistent with Occidental’s past and anticipated future compensation increases for employees participating in retirement plans that determine benefits using compensation. The assumed long-term rate of return on assets is estimated with regard to current market factors but within the context of historical returns. Occidental considers historical returns and correlation of equities and fixed income securities and current market factors such as inflation and interest rates.

For pension plans outside the United States, Occidental based its discount rate on rates indicative of government or investment grade corporate debt in the applicable country, taking into account hyperinflationary environments when necessary. The discount rates used for the foreign pension plans ranged from 1.5 percent to 12.0 percent at both December 31, 2009 and 2008. The average rate of increase in future compensation levels ranged from a low of 1.5 percent to a high of 12.0 percent in 2009, depending on local economic conditions. The expected long-term rate of return on plan assets was 6.9 percent and 5.2 percent in excess of local inflation in 2009 and 2008, respectively.

The postretirement benefit obligation was determined by application of the terms of medical and dental benefits and life insurance coverage, including the effect of established maximums on covered costs, together with relevant actuarial assumptions and health care cost trend rates projected at an assumed Consumer Price Index (CPI) increase of 2.55 percent and 2.25 percent as of December 31, 2009 and 2008, respectively. Beginning in 1993, participants other than certain union employees have paid for all medical cost increases in excess of increases in the CPI. For those union employees, the health care cost trend rates were projected at annual rates ranging ratably from 9 percent in 2009 to 6 percent through the year 2015 and level ther eafter. A 1-percent increase or a 1-percent decrease in these assumed health care cost trend rates would result in an increase of $26 million or a reduction of $25 million, respectively, in the postretirement benefit obligation as of December 31, 2009, and a corresponding increase or reduction of $2 million in interest cost in 2009. The annual service costs would not be materially affected by these changes.

The actuarial assumptions used could change in the near term as a result of changes in expected future trends and other factors that, depending on the nature of the changes, could cause increases or decreases in the plan liabilities.

FAIR VALUE OF PENSION AND POSTRETIREMENT PLAN ASSETS

Occidental employs a total return investment approach that uses a mix of equity and fixed income investments to maximize the long-term return of plan assets at a prudent level of risk. The investments are monitored by Occidental’s Investment Committee in its role as fiduciary. The Investment Committee, consisting of senior Occidental executives, selects and employs various external professional investment management firms to manage specific investments across the spectrum of asset classes. The resulting aggregate investment portfolio contains a diversified blend of equity and fixed-income investments. Equity investments are diversified across United States and non-United States stocks, as well as differing styles and market capitalizations. p;nbsp; Other asset classes such as private equity and real estate may be used to enhance long-term returns while improving portfolio diversification.nbsp; The target allocation of plan assets is 60nbsp;percent equity securities and 40 percent debt securities.nbsp; Investment performance is measured and monitored on an ongoing basis through quarterly investment and manager guideline compliance reviews, annual liability measurements, and periodic studies./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Pension and postretirement plan assets are measured at fair value.nbsp; Common stocks, publicly registered mutual funds, U.S. government securities, corporate bonds, convertible bonds, and preferred stocks are valued using quoted market prices in active markets when available.nbsp; When quoted market prices are not available, these investments are valued using pricing models with observable inputs from both active and non-active markets.nbsp; Common/collective trusts are valued at the net asset value (NAV) of the units provided by the fund issuer, which represents the quoted price in a non-active market.nbsp; Collateral received for securities loaned include investments in short-term investment funds.nbsp; The short-term investment funds are valued at the N AV of the units provided by the fund issuer.nbsp; Partnerships and joint ventures are valued using the liquidation value, which approximates fair value.nbsp; The guaranteed deposit account is valued using a composite market value factor, which approximates fair value./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The fair values of Occidental#146;s pension plan assets by asset category are as follows (in millions):/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 41%; PADDING-TOP: 0in" valign="bottom" width="41%" p style="MARGIN: 0in 0in 0pt; 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FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)nbsp; This category represents investment grade bonds of U.S. and non-U.S. issuers from diverse industries./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)nbsp; This category includes investment funds that primarily invest in U.S. and non-U.S. common stocks and fixed income securities./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)nbsp; This category represents investment in U.S. and non-U.S. common and preferred stocks from diverse industries./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)nbsp; Amount excludes net payables of $21 million as of Decembernbsp;31, 2009./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The activity during the year ended Decembernbsp;31, 2009 for the assets using Level 3 fair value measurements was not significant./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental expects to contribute $11 million to its defined benefit pension plans during 2010. All of the contributions are expected to be in the form of cash./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Estimated future benefit payments, which reflect expected future service, as appropriate, are as follows:/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; 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FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Pension Benefits/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Postretirement Benefits/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; 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INVESTMENTS AND RELATED-PARTY TRANSACTIONS	12 Months Ended
INVESTMENTS AND RELATED-PARTY TRANSACTIONS	Dec. 31, 2009
Notes to Consolidated Financial Statements
INVESTMENTS AND RELATED-PARTY TRANSACTIONS	table style="font-size:10pt; font-family:'Times New Roman',times,serif;" tr td p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"NOTE 14/font/bfont style="FONT-SIZE: 10pt; COLOR: windowtext" color="black" size="2"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-VARIANT: normal! important" color="black" size="2"INVESTMENTS AND RELATED-PARTY TRANSACTIONS/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"At Decembernbsp;31, 2009 and 2008, investments in unconsolidated entities, including advances, comprised $1.7 billion and $1.3 billion of equity-method investments, respectively./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"EQUITY INVESTMENTS/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"At Decembernbsp;31, 2009, Occidental#146;s equity investments consisted mainly of a 24.5-percent interest in the stock of Dolphin Energy, an approximately 22-percent interest in the General Partner of Plains All-American Pipeline L.P. and various other partnerships and joint ventures.nbsp; Equity investments paid dividends of $139 million, $111 million and $33 million to Occidental in 2009, 2008 and 2007, respectively.nbsp; At Decembernbsp;31, 2009, cumulative undistributed earnings of equity-method investees since their respective acquisitions were $306 million.nbsp; At Decembernbsp;31, 2009, Occidental#146;s investments in equity investees exceeded the underlying equity in net assets by $938 million, of which $174 million represents goodwil l and $764 million relates to assets, including intangibles, which are being amortized over their estimated useful lives./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following table presents Occidental#146;s ownership interest in the summarized financial information of its equity-method investments:/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 55.5%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="55%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"For the years ended Decembernbsp;31, (in millions)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 12%; PADDING-TOP: 0in" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental#146;s investment in Dolphin, which was acquired in 2002, consists of two separate economic interests through which Occidental owns (i)nbsp;a 24.5-percent undivided interest in the assets and liabilities associated with a DPSA which is proportionately consolidated in the financial statements; and (ii)nbsp;a 24.5-percent interest in the stock of Dolphin Energy, which is accounted for as an equity investment./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.5pt; LINE-HEIGHT: normal; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"In Ecuador, Occidental has a 14-percent interest in the Oleoducto de Crudos Pesados Ltd. (OCP) oil export pipeline, which Occidental records as an equity investment./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 13.5pt; LINE-HEIGHT: normal; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental has a 50-percent interest in Elk Hills Power, LLC (EHP), a limited liability company that operates a gas-fired, power-generation plant in California, which it accounts for as an equity-method investment./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"RELATED-PARTY TRANSACTIONS/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental purchases power, steam and chemicals from and sells oil, gas, chemicals and power to certain of its equity investees at market-related prices.nbsp; During 2009, 2008 and 2007, Occidental entered into the following related-party transactions and had the following amounts due from or to its related parties:/font/p p style="MARGIN: 0in 0in 0pt; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)nbsp; In 2009, 2008 and 2007, purchases from EHP accounted for 73 percent, 97 percent and 98 percent, respectively.nbsp; /font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" size="2"nbsp;/font/b/p/td/tr/table

FAIR VALUE MEASUREMENTS	12 Months Ended
FAIR VALUE MEASUREMENTS	Dec. 31, 2009
Notes to Consolidated Financial Statements
FAIR VALUE MEASUREMENTS	table style="font-size:10pt; font-family:'Times New Roman',times,serif;" tr td p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"NOTE 15/font/bfont style="FONT-SIZE: 10pt; COLOR: windowtext" color="black" size="2"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-VARIANT: normal! important" color="black" size="2"FAIR VALUE MEASUREMENTS/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"FAIR VALUES - RECURRING/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following tables provide fair value measurement information for such assets and liabilities that are measured on a recurring basis (in millions):/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 36.5%; PADDING-TOP: 0in" valign="bottom" width="36%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 35%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="35%" colspan="8" p style="MARGIN: 0in 0in 0pt; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"444/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt 15.1pt; TEXT-INDENT: -15.1pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)nbsp; Represents the impact of netting assets, liabilities and collateral when a legal right of offset exists.nbsp; /font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"FAIR VALUES - NONRECURRING/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"At year-end, Occidental evaluates its significant properties for potential impairment.nbsp; Based on this annual impairment evaluation, certain Argentine producing properties were impaired as of Decembernbsp;31, 2009.nbsp; The fair value of the PPamp;E was $144 million, resulting in an impairment charge of $170 million, and was measured using an income approach based upon internal estimates of future production levels, prices, costs and a discount rate, which were Level 3 inputs./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"FINANCIAL INSTRUMENTS FAIR VALUE/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The carrying amounts of cash and cash equivalents and other on-balance-sheet financial instruments, other than fixed-rate debt, approximate fair value.nbsp; The cost, if any, to terminate off-balance-sheet financial instruments is not significant./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td/tr/table

INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS	12 Months Ended
INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS	Dec. 31, 2009
Notes to Consolidated Financial Statements
INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS	table style="font-size:10pt; font-family:'Times New Roman',times,serif;" tr td p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman; FONT-VARIANT: normal! important" color="black" size="2"NOTE 16/font/bfont style="FONT-SIZE: 10pt; COLOR: windowtext" color="black" size="2"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-VARIANT: normal! important" color="black" size="2"INDUSTRY SEGMENTS AND GEOGRAPHIC AREAS/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 13.5pt; LINE-HEIGHT: normal; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Occidental conducts its continuing operations through three segments: (1)nbsp;oil and gas; (2)nbsp;chemical; and (3)nbsp;midstream and marketing.nbsp; The oil and gas segment explores for, develops, produces and markets crude oil, including NGLs and condensate, as well as natural gas.nbsp; The chemical segment manufactures and markets basic chemicals, vinyls and other chemicals.nbsp; The midstream and marketing segment gathers, treats, processes, transports, stores, purchases and markets crude oil (including NGLs and condensate), natural gas, COfont style="POSITION: relative; TOP: 1pt"2/fontnbsp;and power.nbsp; It also trades around its assets, including pipelines and storage capacity, and trades commodities and securities. t;/font/p p style="MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 13.5pt; LINE-HEIGHT: normal; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Earnings of industry segments and geographic areas generally exclude income taxes, interest income, interest expense, environmental remediation expenses, unallocated corporate expenses and discontinued operations, but include gains and losses from dispositions of segment and geographic area assets and income from the segments#146; equity investments.nbsp; Intersegment sales are generally made at prices approximately equal to those that the selling entity is able to obtain in third-party transactions and eliminate upon consolidation./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Identifiable assets are those assets used in the operations of the segments.nbsp; Corporate assets consist of cash, certain corporate receivables and PPamp;E, and the investment in Joslyn./font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; 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PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Crude oil sales represented approximately 87 percent, 87 percent and 85 percent of the oil and gas segment net sales for the years ended Decembernbsp;31, 2009, 2008 and 2007, respectively./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Total product sales for the chemical segment were as follows:/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="MARGIN-LEFT: 0.25in; WIDTH: 93.34%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="93%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.64%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Basic Chemicals/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Vinyls/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Other Chemicals/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Year ended Decembernbsp;31, 2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.64%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"61/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"34/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"5/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/b/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Year ended Decembernbsp;31, 2008/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 18.64%; PADDING-TOP: 0in" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"58/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"39/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"3/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Year ended Decembernbsp;31, 2007/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18.64%; PADDING-TOP: 0in" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"52/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"45/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"3/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt 15.1pt; TEXT-INDENT: -15.1pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 13px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 0.2in; PADDING-TOP: 0in; HEIGHT: 9.4pt" valign="top" width="19" height="13" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 463.5pt; PADDING-TOP: 0in; HEIGHT: 9.4pt" valign="top" width="618" height="13" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Total sales for the midstream and marketing segment were as follows:/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="MARGIN-LEFT: 0.25in; WIDTH: 93.34%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="93%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.64%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Gas Plants/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Cogeneration/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Marketing, Trading,br / Transportation and other/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Year ended Decembernbsp;31, 2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.64%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"56/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"26/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 18.62%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"18/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/b/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Year ended Decembernbsp;31, 2008/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 18.64%; PADDING-TOP: 0in" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; 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PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"10/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 30.96%; PADDING-TOP: 0in" valign="bottom" width="30%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Year ended Decembernbsp;31, 2007/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18.64%; PADDING-TOP: 0in" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"53/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"26/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.88%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 18.62%; PADDING-TOP: 0in" valign="bottom" width="18%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"21/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.52%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"%/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Represents amount attributable to common stock after deducting noncontrolling interest amounts of $51 million, $116 million and $75 million for 2009, 2008 and 2007, respectively./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(e)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The 2009 amount includes a $170 million fourth quarter pre-tax charge for the impairment of certain Argentine producing properties and an $8 million pre-tax charge for the termination of rig contracts. The 2008 amount includes a pre-tax charge of $599 million for asset impairments, including undeveloped acreage in Argentina and Yemen and domestic producing properties, and a pre-tax charge of $58 million for termination of rig contracts. The 2007 amount includes an after-tax gain of $412 million from the sale of Occidental#146;s interest in a Russian joint venture, an after-tax gain of $112 million from certain litigation settlements, a pre-tax gain of $103 million from the sale of exploration properties, a pre-tax gain of $35 million from the sale of miscellaneous domestic oil and gas interests and a $74 million pre-tax loss from the exp loration impairments./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(f)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes unallocated net interest expense, administration expense, environmental remediation and other pre-tax items noted in footnote (g)nbsp;below./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(g)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; 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PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 52.32%; PADDING-TOP: 0in" valign="bottom" width="52%" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Pre-tax operating profit (loss)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.68%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 12.86%; PADDING-TOP: 0in" valign="bottom" width="12%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"nbsp;/p/td td style="PADDING-RIGHT: 0in; 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Quarterly Financial Data (Unaudited)	12 Months Ended
Quarterly Financial Data (Unaudited)	Dec. 31, 2009
Notes to Consolidated Financial Statements
Quarterly Financial Data (Unaudited)	table style="font-size:10pt; font-family:'Times New Roman',times,serif;" tr td p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 54.18%; PADDING-TOP: 0in" valign="top" width="54%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman" size="2"2009 Quarterly Financial Data/font/bfont style="FONT-SIZE: 10pt" size="2" (Unaudited)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.32%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 42.5%; PADDING-TOP: 0in" valign="top" width="42%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial" size="2"Occidental Petroleum Corporation/font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 54.18%; PADDING-TOP: 0in" valign="top" width="54%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"In millions, except per-share amounts/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.32%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 42.5%; PADDING-TOP: 0in" valign="top" width="42%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial" size="2"and Subsidiaries/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 41%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="41%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Three months ended/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Marchnbsp;31/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2" p style="MARGIN: 0in 0in 0pt; 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BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes a fourth quarter pre-tax charge of $599 million for asset impairments, including undeveloped acreage in Argentina and Yemen and domestic producing properties (included in depreciation, depletion and amortization expense), and a fourth quarter pre-tax charge of $58 million for rig contract terminations./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes a fourth quarter pre-tax charge of $90 million for plant closure and impairments./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Represent amounts attributable to common stock after deducting noncontrolling interest amounts./font/p/td/tr/table p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/b/p/td/tr/table

Supplemental Oil and Gas Information (Unaudited)	12 Months Ended
Supplemental Oil and Gas Information (Unaudited)	Dec. 31, 2009
Notes to Consolidated Financial Statements
Supplemental Oil and Gas Information (Unaudited)	table style="font-size:10pt; font-family:'Times New Roman',times,serif;" tr td p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman" size="2"Supplemental Oil and Gas Information/font/bfont style="FONT-SIZE: 10pt" size="2" /fontfont style="FONT-WEIGHT: normal; FONT-SIZE: 10pt" size="2"(Unaudited)/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following tables set forth Occidental#146;s net interests in quantities of proved developed and undeveloped reserves of crude oil, NGLs, condensate and natural gas and changes in such quantities.nbsp; Unless otherwise indicated hereafter, discussion of oil or oil and liquids refers to crude oil, condensate and NGLs.nbsp; In addition, discussions of oil and gas production or volumes, in general, refer to sales volumes unless context requires or it is indicated otherwise.nbsp; The reserves are stated after applicable royalties.nbsp; The estimated reserves include Occidental#146;s economic interests under production sharing contracts (PSCs) and other similar economic arrangements./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental#146;s estimates of proved reserves and associated future net cash flows as of Decembernbsp;31, 2009 were made solely by Occidental#146;s technical personnel and are the responsibility of management.nbsp; The reserve estimation process involves reservoir engineers, geoscientists, planning engineers and financial analysts.nbsp; As part of this process, all reserves volumes are estimated by a forecast of production rates, operating costs and capital expenditures.nbsp; Price differentials between benchmark prices and realized prices and specifics of each operating agreement are then used to estimate the net reserves.nbsp; Production rate forecasts are derived by a number of methods, including estimates from decline curve analyses, material balance calculations that take into account the volume of substances replacing the volumes produced and associated reservoir pressure changes, or computer simulation of the reservoir performance.nbsp; Operating and capital costs are forecasted using the current cost environment applied to expectations of future operating and development activities./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The current Senior Director of Worldwide Reserves and Reservoir Engineering is responsible for overseeing the preparation of reserve estimates, including the internal audit and review of Occidental#146;s oil and gas reserves data.nbsp; The Senior Director has over 28 years of experience in the upstream sector of the exploration and production business, and has held various assignments in North America, Asia and Europe.nbsp; He is a three-time past Chair of the Society of Petroleum Engineers Oil and Gas Reserves Committee.nbsp; He is an American Association of Petroleum Geologists (AAPG) Certified Petroleum Geologist and the current Chair of the AAPG Committee on Resource Evaluation. He is a member of the Society of Petroleum Evaluation Engineers, the Colorado Sc hool of Mines Potential Gas Committee and the UNECE Expert Group on Resource Classification.nbsp; The Senior Director has Bachelor of Science and Master of Science degrees in geology from Emory University in Atlanta./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental has a Corporate Reserves Review Committee (Reserves Committee), consisting of senior corporate officers, to monitor and review Occidental#146;s oil and gas reserves.nbsp; The Reserves Committee reports to the Audit Committee of Occidental#146;s Board of Directors periodically during the year.nbsp; Since 2003, Occidental has retained Ryder Scott Company, L.P. (Ryder Scott), independent petroleum engineering consultants, to review its annual oil and gas reserve estimation processes./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"In 2009, Ryder Scott compared Occidental#146;s methods and procedures for estimating oil and gas reserves to generally accepted industry standards and reviewed certain pertinent facts interpreted and assumptions made in estimating the proved reserves volumes, preparing the economic evaluations and determining reserves classifications.nbsp; Ryder Scott reviewed the specific application of such methods and procedures for selected oil and gas properties considered to be a valid representation of Occidental#146;s total reserves portfolio.nbsp; In 2009, Ryder Scott reviewed approximately 20 percent of Occidental#146;s proved oil and gas reserves.nbsp; Since being engaged in 2003, Ryder Scott has reviewed the specific application of Occidental#146;s res erve estimation methods and procedures for approximately 71 percent of Occidental#146;s proved oil and gas reserves.nbsp; Management retains Ryder Scott to provide objective third-party input on its methods and procedures and to gather industry information applicable to Occidental#146;s reserve estimation and reporting process.nbsp; Ryder Scott has not been engaged to render an opinion as to the reasonableness of reserves quantities reported by Occidental./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Based on its reviews, including the data, technical processes and interpretations presented by Occidental, Ryder Scott has concluded that the overall procedures and methodologies utilized in determining the proved reserves for the reviewed properties as estimated by Occidental are reasonable and consistent with generally accepted industry standards and comply with current Securities and Exchange Commission (SEC) standards./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Estimates of proved reserves are collected in a database and changes in this database are reviewed by engineering personnel to ensure accuracy.nbsp; Finally, reserves volumes and changes are reviewed and approved by Occidental#146;s senior management./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Occidental has classified its Horn Mountain (in 2007) and Pakistan (in 2007) operations as discontinued operations on a retrospective basis and excluded them from all tables in the Supplemental Oil and Gas Information section./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Effective for the year ended Decembernbsp;31, 2009, the SEC and the Financial Accounting Standards Board modified certain disclosure requirements for oil and gas properties.nbsp; As of Decembernbsp;31, 2009, Occidental conformed its disclosures to the new guidelines as follows:/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol" size="2"#183;/fontfont style="FONT-SIZE: 3pt" size="1"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt" size="2"additional disclosures were provided regarding proved undeveloped reserves, including investments and progress made to convert proved undeveloped reserves to proved developed reserves and reasons why any material amounts of proved undeveloped reserves remain undeveloped for five or more years; and/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol" size="2"#183;/fontfont style="FONT-SIZE: 3pt" size="1"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt" size="2"general disclosures were incorporated regarding recording of new reserves, material additions to reserve estimates and, as appropriate, reasonable technologies used to establish reserves estimates and categories;/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol" size="2"#183;/fontfont style="FONT-SIZE: 3pt" size="1"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt" size="2"proved oil and gas reserves were calculated using the unweighted arithmetic average of the first-day-of-the-month price for each month within the year instead of the year-end spot price; and/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Symbol" size="2"#183;/fontfont style="FONT-SIZE: 3pt" size="1"nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;/font font style="FONT-SIZE: 10pt" size="2"the standard for reasonable certainty in determination of reserves was applied using its newly defined meaning of #147;a high degree of confidence.#148;/font/p p style="MARGIN: 0in 0in 0pt 0.5in; TEXT-INDENT: -0.25in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The new rulesnbsp;also require that reserves coming from certain non-traditional sources and technologies be included in reserves if they can be proved.nbsp; As of Decembernbsp;31, 2009, Occidental did not have any reserves from non-traditional sources./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Historically, Occidental#146;s production volumes and reserves have been reported as a mix of pre-tax and after-tax volumes while its revenues have reflected only pre-tax sales.nbsp;nbsp;This difference is caused by Occidental#146;s PSCs in the Middle East/North Africa where production is immediately taken and sold to pay the local income tax.nbsp;nbsp;Occidental has historically reported these volumes as additional revenues and income taxes but not additional production and reserves.nbsp;nbsp;To simplify Occidental#146;s reporting and to conform with industry practice, Occidental has included these volumes in its reserves as of Decembernbsp;31, 2009.nbsp; Beginning in 2010, Occidental#146;s production volumes and revenues will be reported on the same basis./font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Oil Reserves/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"In millions of barrels/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 99.98%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="99%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 54.48%; PADDING-TOP: 0in" valign="bottom" width="54%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"nbsp;/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.18%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"nbsp;/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.7%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="8%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Unitedbr / States/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.16%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"nbsp;/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.68%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="8%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Latinbr / America (a)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.16%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"nbsp;/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.68%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="8%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Middle East/br / North Africa/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"nbsp;/font/b/p/td td style="BORDER-RIGHT: medium none; 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LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Balance at Decembernbsp;31, 2006/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.18%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 8.7%; PADDING-TOP: 0in" valign="bottom" width="8%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"1,660/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.16%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; 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PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 8.02%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="8%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"509/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.98%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/b/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Excludes proved oil reserves related to the noncontrolling interest of a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Proved reserve amounts relate to PSCs./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Excludes proved oil reserves of 30 million barrels as of Decembernbsp;31, 2006, related to Occidental#146;s joint venture interest in Russia, which was sold in 2007./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Approximately five percent of the proved developed reserves at Decembernbsp;31, 2009 are nonproducing, the majority of which are located in the United States./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(e)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The amount of Occidental#146;s proved undeveloped reserves that have not been developed for over five years was not material./font/p/td/tr/table p style="FONT-WEIGHT: bold; 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PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Approximately two percent of the proved developed reserves at Decembernbsp;31, 2009 are nonproducing, the majority of which are located in the United States./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The amount of Occidental#146;s proved undeveloped reserves that have not been developed for over five years was not material./font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Capitalized costs relating to oil and gas producing activities and related accumulated DDamp;A were as follows:/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 41%; PADDING-TOP: 0in; 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FONT-FAMILY: Times New Roman" size="1"Unitedbr / States/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="1"nbsp;/font/b/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Latinbr / America (a)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; 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PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 41%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="41%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"DECEMBER 31, 2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 1pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="12%" bgcolor="#CCEEFF" colspan="2" p style="MARGIN: 0in 0in 0pt; 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PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 1.3%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"$/font/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 10.7%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="10%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"22,167/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes net capitalized cost of $31 million, $45 million and $36 million in 2009, 2008 and 2007, respectively, related to the noncontrolling interest in a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The 2009 and 2008 amounts primarily consist of Midcontinent Gas, Permian, California and Libya. The 2007 amount primarily consists of California, Argentina and Libya./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes costs related to leases, exploration costs, lease and well equipment, other equipment, capitalized interest, asset retirement obligations and other costs./font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"Costs incurred in oil and gas property acquisition, exploration and development activities, whether capitalized or expensed, were as follows:/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 41%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="41%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"In millions/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Unitedbr / States/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; 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PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 93.08%; PADDING-TOP: 0in" valign="top" width="93%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes exploration and development costs of $0 and $13 million, $7 million and $21 million, and $4 million and $19 million in 2009, 2008 and 2007, respectively, related to the noncontrolling interest in a Colombian subsidiary./font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes revenues of $118 million, $209 million and $144 million, production costs of $17 million, $21 million and $17 million, and results of operations of $49 million, $116 million and $69 million in 2009, 2008 and 2007, respectively, related to the noncontrolling interest in a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"United States federal income taxes reflect certain expenses related to oil and gas activities allocated for United States income tax purposes only, including allocated interest and corporate overhead./font/p/td/tr/table p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt; FONT-VARIANT: normal! important" color="black" size="2"RESULTS PER UNIT OF PRODUCTION/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes the noncontrolling interest in a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Natural gas volumes have been converted to barrels of oil equivalent (BOE) based on energy content of six thousand cubic feet (Mcf) of gas to one barrel of oil./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Revenues from net production exclude royalty payments and other adjustments./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"United States federal income taxes reflect certain expenses related to oil and gas activities allocated for United States income tax purposes only, including allocated interest and corporate overhead./font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left" align="left"font style="FONT-WEIGHT: bold; COLOR: black; LETTER-SPACING: 1pt"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt; FONT-VARIANT: normal! important" size="2"nbsp;/font/b/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left" align="left"bfont style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt; FONT-VARIANT: normal! important" size="2"STANDARDIZED MEASURE, INCLUDING YEAR-TO-YEAR CHANGES THEREIN, OF DISCOUNTED FUTURE NET CASH FLOWS/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: 1pt; TEXT-ALIGN: left" align="left"bfont style="FONT-WEIGHT: normal; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt; FONT-VARIANT: normal! important" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"For purposes of the following disclosures, future cash flows as of Decembernbsp;31, 2009 were computed by applying to Occidental#146;s proved oil and gas reserves the unweighted arithmetic average of the first-day-of-the-month price for each month within the year ended Decembernbsp;31, 2009, unless prices were defined by contractual arrangements, excluding escalations based upon future conditions.nbsp; Future cash flows as of Decembernbsp;31, 2008 and 2007 were computed by applying year-end prices to Occidental#146;s proved reserves, unless prices were defined by contractual arrangements.nbsp; Future operating and capital costs are forecasted using the current cost environment applied to expectations of future operating and development activities. nbsp; Future income tax expenses were computed by applying, generally, year-end statutory tax rates (adjusted for permanent differences, tax credits, allowances and foreign income repatriation considerations) to the estimated net future pre-tax cash flows.nbsp; The discount was computed by application of a 10-percent discount factor.nbsp; The calculations assumed the continuation of existing economic, operating and contractual conditions at each of Decembernbsp;31, 2009, 2008 and 2007.nbsp; Such arbitrary assumptions have not necessarily proven accurate in the past.nbsp; Other assumptions of equal validity would give rise to substantially different results./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The realized prices used to calculate future cash flows vary by producing area and market conditions.nbsp; For the 2009, 2008 and 2007 disclosures, the West Texas Intermediate oil prices used were $61.18 per barrel, $44.60 per barrel and $95.98 per barrel, respectively.nbsp; 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PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Average Sales Prices and Average Production Costs of Oil and Gas/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.08%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 50%; PADDING-TOP: 0in" valign="bottom" width="50%" p style="MARGIN: 0in 0in 0pt 20pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Oil #151; Average sales price ($/bbl.)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; 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FONT-FAMILY: Times New Roman" size="2"64.77/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.08%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 50%; PADDING-TOP: 0in" valign="bottom" width="50%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 20pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Gas #151; Average sales price ($/bbl.)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"$/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 8.7%; PADDING-TOP: 0in" valign="bottom" width="8%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"2.66/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1.3%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; 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PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 6.86%; PADDING-TOP: 0in" valign="bottom" width="6%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"5.68/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 3.08%; PADDING-TOP: 0in" valign="bottom" width="3%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 50%; PADDING-TOP: 0in" valign="bottom" width="50%" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Average oil and gas production cost ($/bbl.) 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TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"10.37/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 1pt; WIDTH: 3.08%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Sales prices include royalties with respect to certain of Occidental#146;s interests./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Excludes income taxes owed by Occidental but paid by governmental entities on its behalf./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Natural gas volumes have been converted to BOE based on energy content of six Mcf of gas to one barrel of oil./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Excludes taxes other than on income of $1.77, $2.62 and $1.97 for the years ended Decembernbsp;31, 2009, 2008 and 2007, respectively./font/p/td/tr/table p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Net Productive and Dry #151; Exploratory and Development Wells Completed/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following table sets forth, for each of the three years in the period ended Decembernbsp;31, 2009, Occidental#146;s net productive and dry#151;exploratory and development wells completed./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 41%; PADDING-TOP: 0in" valign="bottom" width="41%" p style="MARGIN: 0in 0in 0pt; 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PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Latinbr / America (a)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 5.3%; PADDING-TOP: 0in" valign="top" width="5%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.36%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.32%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes exploratory and development wells completed by the noncontrolling interest in a Colombian subsidiary./font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Productive Oil and Gas Wells/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following table sets forth, as of Decembernbsp;31, 2009, Occidental#146;s productive oil and gas wells (both producing and capable of production)./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 99.98%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="99%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 27.82%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="27%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Wells atbr / Decembernbsp;31, 2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.76%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 16.06%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="16%" colspan="3" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Unitedbr / States (a)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.78%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 6.6%; PADDING-TOP: 0in" valign="top" width="6%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 90.52%; PADDING-TOP: 0in" valign="top" width="90%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The numbers in parentheses indicate the number of wells with multiple completions./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 6.6%; PADDING-TOP: 0in" valign="top" width="6%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 90.52%; PADDING-TOP: 0in" valign="top" width="90%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes productive wells related to the noncontrolling interest in a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 6.6%; PADDING-TOP: 0in" valign="top" width="6%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 90.52%; PADDING-TOP: 0in" valign="top" width="90%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The total number of wells in which interests are owned./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 6.6%; PADDING-TOP: 0in" valign="top" width="6%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.88%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 90.52%; PADDING-TOP: 0in" valign="top" width="90%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"The sum of fractional interests./font/p/td/tr/table p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Participation in Exploratory and Development Wells Being Drilled/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following table sets forth, as of Decembernbsp;31, 2009, Occidental#146;s participation in exploratory and development wells being drilled./font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 41%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="41%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Wells atbr / Decembernbsp;31, 2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; 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WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"32/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p table style="WIDTH: 101.38%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="101%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 16.1pt; PADDING-TOP: 0in" valign="top" width="21" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 523.45pt; PADDING-TOP: 0in" valign="top" width="698" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes the noncontrolling interest in a Colombian subsidiary.nbsp; /font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 7.9pt; PADDING-TOP: 0in" valign="top" width="11" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"At Decembernbsp;31, 2009, Occidental was participating in 179 pressure maintenance projects in the United States, 16 in Latin America and 35 in the Middle East/North Africa./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"nbsp;/font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Oil and Gas Acreage/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following table sets forth, as of Decembernbsp;31, 2009, Occidental#146;s holdings of developed and undeveloped oil and gas acreage./font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 41%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="41%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Thousands of acres atbr / Decembernbsp;31, 2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Includes acreage related to the noncontrolling interest of a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Acres spaced or assigned to productive wells./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(c)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Total acres in which interests are held./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(d)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Sum of the fractional interests owned based on working interests, or interests under PSCs and other economic arrangements./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.88%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(e)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.98%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Acres on which wells have not been drilled or completed to a point that would permit the production of commercial quantities of oil and gas, regardless of whether the acreage contains proved reserves./font/p/td/tr/table p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"Oil and Natural Gas Sales Volumes and Production Per Day/font/b/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 15.1pt; LINE-HEIGHT: normal; LETTER-SPACING: -0.05pt; TEXT-ALIGN: left" align="left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; LETTER-SPACING: 0pt" size="2"The following tables set forth the sales volumes and production of oil and liquids and natural gas per day for each of the three years in the period ended Decembernbsp;31, 2009.nbsp; The differences between the sales volumes and production per day are generally due to the timing of shipments at Occidental#146;s international locations where product is loaded onto tankers./font/p p style="FONT-WEIGHT: bold; MARGIN: 0in 0in 0pt; COLOR: black; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-SIZE: 10pt; COLOR: windowtext; FONT-FAMILY: Times New Roman" color="black" size="2"nbsp;/font/b/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 55.5%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="55%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Sales Volumes per Day/font/b/p/td td style="PADDING-RIGHT: 0in; 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PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"2008/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"2007/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 55.5%; PADDING-TOP: 0in; BORDER-BOTTOM: medium none" valign="bottom" width="55%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"United States/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; 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TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Oil and liquids (MBBL)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 12%; PADDING-TOP: 0in" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 12%; PADDING-TOP: 0in" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; 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TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"California/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 12%; PADDING-TOP: 0in" valign="bottom" width="12%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"93/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; 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TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 55.5%; PADDING-TOP: 0in" valign="bottom" width="55%" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Total Sales Volumes (MBOE) /font/bbfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt" size="2"(b)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"645/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"601/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 2.25pt double" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"570/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"nbsp;/font/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(See footnotes following the Production per Day table)/font/p p style="MARGIN: 0in 0in 0pt; 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PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"2008/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 12%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="12%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"2007/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="BORDER-RIGHT: medium none; 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PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 5.44%; PADDING-TOP: 0in" valign="top" width="5%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(a)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.38%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.18%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Excludes sales and production volumes related to the noncontrolling interest in a Colombian subsidiary./font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 5.44%; PADDING-TOP: 0in" valign="top" width="5%" p style="MARGIN: 0in 0in 0pt; 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Scheudle II -- Valuation and Qualifying Accounts	12 Months Ended
Scheudle II -- Valuation and Qualifying Accounts	Dec. 31, 2009
Schedule II -- Valuation and Qualifying Accounts
Schedule II -- Valuation and Qualifying Accounts	table style="font-size:10pt; font-family:'Times New Roman',times,serif;" tr td table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 58.18%; PADDING-TOP: 0in" valign="top" width="58%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Schedule II #151; Valuation and Qualifying Accounts/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.04%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 38.78%; PADDING-TOP: 0in" valign="top" width="38%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial" size="2"Occidental Petroleum Corporation/font/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 58.18%; PADDING-TOP: 0in" valign="top" width="58%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"In millions/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 3.04%; PADDING-TOP: 0in" valign="bottom" width="3%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 38.78%; PADDING-TOP: 0in" valign="top" width="38%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: right" align="right"font style="FONT-SIZE: 10pt; FONT-FAMILY: Arial" size="2"and Subsidiaries/font/p/td/tr/table p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p table style="WIDTH: 100%; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0" tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 36.5%; PADDING-TOP: 0in" valign="bottom" width="36%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 10%; PADDING-TOP: 0in" valign="bottom" width="10%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.5%; 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FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Deductions (a)/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 1.84%; PADDING-TOP: 0in" valign="bottom" width="1%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td td style="BORDER-RIGHT: medium none; PADDING-RIGHT: 0in; BORDER-TOP: medium none; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; BORDER-LEFT: medium none; WIDTH: 9.34%; PADDING-TOP: 0in; BORDER-BOTTOM: windowtext 1pt solid" valign="bottom" width="9%" colspan="2" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Balance at/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"End of/font/b/p p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman" size="1"Period/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.32%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: center" align="center"nbsp;/p/td/tr tr style="HEIGHT: 0px" td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 36.5%; PADDING-TOP: 0in" valign="bottom" width="36%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt 10pt; TEXT-INDENT: -10pt; LINE-HEIGHT: normal; TEXT-ALIGN: left"bfont style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"2009/font/b/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; BACKGROUND: #cceeff; PADDING-BOTTOM: 0in; WIDTH: 2.5%; PADDING-TOP: 0in" valign="bottom" width="2%" bgcolor="#CCEEFF" p style="MARGIN: 0in 0in 0pt; 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PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 4.92%; PADDING-TOP: 0in" valign="top" width="4%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"(b)/font/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 2.14%; PADDING-TOP: 0in" valign="bottom" width="2%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"nbsp;/p/td td style="PADDING-RIGHT: 0in; PADDING-LEFT: 0in; PADDING-BOTTOM: 0in; WIDTH: 92.94%; PADDING-TOP: 0in" valign="top" width="92%" p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0in; LINE-HEIGHT: normal; TEXT-ALIGN: left"font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"Of these amounts, $119 million, $130 million and $139 million in 2009, 2008 and 2007, respectively, are classified as current./font/p/td/tr/table/td/tr/table

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
Document and Entity Information - USD ($) $ in Millions	Dec. 31, 2009	Jan. 31, 2010	Jun. 30, 2009
Document and Entity Information
Entity Registrant Name	OCCIDENTAL PETROLEUM CORP /DE/
Entity Central Index Key	0000797468
Document Type	10-K
Document Period End Date	Dec. 31, 2009
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 52,730
Entity Common Stock, Shares Outstanding		811,955,959

Consolidated Statements of Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007
Consolidated Statements of Income
Cost of sales: depreciation, depletion and amortization	$ 3,067	$ 2,664	$ 2,338

Consolidated Balance Sheets - USD ($) $ in Millions	12 Months Ended
Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2009	Dec. 31, 2008
CURRENT ASSETS
Cash and cash equivalents	$ 1,230	$ 1,777
Trade receivables, net of reserves of $30 in 2009 and $45 in 2008	4,142	3,117
Marketing and trading assets and other	1,203	1,012
Inventories	1,081	958
Prepaid expenses and other	430	308
Total current assets	8,086	7,172
INVESTMENTS IN UNCONSOLIDATED ENTITIES	1,732	1,263
PROPERTY, PLANT AND EQUIPMENT
Oil and gas segment	43,692	40,091
Chemical segment	5,298	5,090
Midstream, marketing and other segment	3,056	2,445
Corporate	1,085	1,102
GROSS PROPERTY, PLANT AND EQUIPMENT	53,131	48,728
Accumulated depreciation, depletion and amortization	(19,486)	(16,462)
TOTAL PROPERTY, PLANT AND EQUIPMENT	33,645	32,266
LONG-TERM RECEIVABLES AND OTHER ASSETS, NET	766	836
TOTAL ASSETS	44,229	41,537
CURRENT LIABILITIES
Current maturities of long-term debt	239	698
Accounts payable	3,379	3,306
Accrued liabilities	2,341	1,861
Domestic and foreign income taxes	28	158
Liabilities of discontinued operations	105	111
Total current liabilities	6,092	6,134
LONG-TERM DEBT, NET	2,557	2,049
DEFERRED CREDITS AND OTHER LIABILITIES
Deferred and other domestic and foreign income taxes	3,125	2,660
Long-term liabilities of discontinued operations	136	152
Other	3,160	3,217
TOTAL DEFERRED CREDITS AND OTHER LIABILITIES	$ 6,421	$ 6,029
CONTINGENT LIABILITIES AND COMMITMENTS
STOCKHOLDERS' EQUITY
Common stock, $0.20 par value, authorized 1.1 billion shares, outstanding shares: 2009 - 883,642,957 and 2008 - 881,423,225	$ 177	$ 176
Treasury stock: 2009 - 71,721,221 shares and 2008 - 71,176,487 shares	(4,161)	(4,121)
Additional paid-in capital	7,127	7,113
Retained earnings	26,534	24,684
Accumulated other comprehensive loss	(596)	(552)
Noncontrolling interest	78	25
TOTAL STOCKHOLDERS' EQUITY	29,159	27,325
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 44,229	$ 41,537

Consolidated Balance Sheets (parenthetical) - USD ($) $ in Millions	Dec. 31, 2009	Dec. 31, 2008
Consolidated Balance Sheets
Trade receivables, reserves (in dollars)	$ 30	$ 45
Common stock, par value (in dollars per share)	$ 0.20	$ 0.20
Common stock, authorized shares	1,100,000,000	1,100,000,000
Common stock, outstanding shares	883,642,957	881,423,225
Treasury stock, shares	71,721,221	71,176,487

Consolidated Statements of Comprehensive Income (parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007
Consolidated Statements of Comprehensive Income
Foreign currency translation adjustments, tax	$ 0	$ 0	$ 0
Unrealized gains (losses) on derivatives, tax	53	(118)	139
Pension and postretirement adjustments, tax	0	110	8
Reclassification of realized losses (gains) on derivatives and securities, tax	(7)	(39)	89
Unrealized gains on securities, tax	$ (1)	$ (7)	$ (56)

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2009	Dec. 31, 2008	Dec. 31, 2007
CASH FLOW FROM OPERATING ACTIVITIES
Net income	$ 2,966	$ 6,973	$ 5,475
Adjustments to reconcile net income to net cash provided by operating activities:
Discontinued operations, net	12	(18)	(322)
Depreciation, depletion and amortization of assets	3,117	2,710	2,379
Deferred income tax provision	507	268	35
Other noncash charges to income	638	1,071	870
Gains on disposition of assets, net	(10)	(27)	(874)
Income from equity investments	(227)	(213)	(82)
Dry hole and impairment expense	212	244	189
Changes in operating assets and liabilities:
Decrease (increase) in receivables	(602)	1,518	(2,219)
Increase in inventories	(107)	(64)	(71)
Decrease (increase) in prepaid expenses and other assets	(77)	6	(96)
(Decrease) increase in accounts payable and accrued liabilities	(403)	(1,342)	1,807
Increase (decrease) in current domestic and foreign income taxes	12	(222)	(73)
Other operating, net	(182)	(275)	(358)
Operating cash flow from continuing operations	5,856	10,629	6,660
Operating cash flow from discontinued operations, net of taxes	(43)	23	138
Net cash provided by operating activities	5,813	10,652	6,798
CASH FLOW FROM INVESTING ACTIVITIES
Capital expenditures	(3,581)	(4,664)	(3,360)
Sales of assets, net	51	27	509
Purchases of assets, net	(1,782)	(4,701)	(1,522)
Purchases of short-term investments	0	0	(10)
Sales of short-term investments	0	0	250
Sales of equity investments and available-for-sale investments	0	51	1,157
Equity investments and other, net	(15)	(42)	(88)
Investing cash flow from continuing operations	(5,327)	(9,329)	(3,064)
Investing cash flow from discontinued operations	0	0	(11)
Net cash used by investing activities	(5,327)	(9,329)	(3,075)
CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from long-term debt	740	1,043	127
Payments of long-term debt	(699)	(96)	(1,291)
Proceeds from issuance of common stock	18	32	17
Purchases of treasury stock	(40)	(1,511)	(1,129)
Redemption of preferred stock	0	0	(75)
Cash dividends paid	(1,063)	(940)	(765)
Excess share-based tax benefits and other	27	90	71
Distributions to noncontrolling interest	(16)	(128)	(53)
Net cash used by financing activities	(1,033)	(1,510)	(3,098)
(Decrease) increase in cash and cash equivalents	(547)	(187)	625
Cash and cash equivalents - beginning of year	1,777	1,964	1,339
Cash and cash equivalents - end of year	$ 1,230	$ 1,777	$ 1,964