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Investor Presentaiton

# of Top 100 Wells in the Delaware Basin 0 OXY Peer 1 LO 5 Peer 2 45 40 35 30 25 20 15 10 422212 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Leading Delaware Basin Well Performance 6 Month Cumulative Oil Top 100 Wells 1 Oxy's subsurface expertise delivers Basin leading wells for less cost: Competitors use 18% more proppant: ~$500 M 12 Month Cumulative Oil Top 100 Wells² Oxy has 39% of the best wells, while completing less than 9% of total Delaware Basin wells # of Top 100 Wells in the Delaware Basin 40 35 30 122525 20 10 OXY 1Source: IHS Enerded as of 02/02/2021, horizontals >500ft online since January 2019 with 6 month oil production available. Peers in Top 100 include: Ameredev, COP, CVX, DVN, EOG, FANG, MRO, RDS, XEC, XOM 2Source: IHS Enerded as of 02/02/2021, horizontals >500ft online since January 2019 with 12 month oil production available. Peers in Top 100 include: Ameredev, APA, BP, CVX, DVN, EOG, FANG, Mewbourne, MTDR, PXD, XEC, XOM OXY Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 22 Peer 12 45
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