OXYCHEM Market Analysis and Guidance slide image

OXYCHEM Market Analysis and Guidance

TECHNICAL AND OPERATIONAL EXCELLENCE CREATING VALUE THROUGH OPERATING INGENUITY WORLD-CLASS RESERVOIR CHARACTERIZATION AND DATA APPLICATION • • Oxy-developed proprietary workflows and models combined with data-intensive techniques Technical leadership in industry Immense subsurface data library supports characterization volume and velocity **** 10 INNOVATIVE WELL DESIGNS AND TECHNOLOGY-DRIVEN EXECUTION Long laterals, complex trajectories, and accurate drilling placement reduce development costs and unlock opportunities Custom well designs improve margins Maximize well productivity and reduce full- cycle well costs INVENTORY IMPROVEMENT AND EXPANSION MULTI-BASIN PORTFOLIO ELEVATES PERFORMANCE • • . Multi-basin presence accelerates innovation and best practices Best-in-class technical applications honed across multiple basins Field development plan optionality enhances economics in real-time • Track record of improving well performance and profitability over time Inventory expansion through leveraging stacked-pay resources and economics Continually optimizing acreage position to lengthen laterals and centralize infrastructure OXY
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