UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM SD
Specialized Disclosure Report


OCCIDENTAL PETROLEUM CORPORATION
(Exact name of registrant as specified in its charter)


Delaware95-4035997
(State or other jurisdiction of
incorporation or organization)		(I.R.S. Employer
Identification No.)
5 Greenway Plaza, Suite 110
Houston,Texas77046
(Address of principal executive offices) (Zip Code)

Christopher O. Champion
Vice President, Chief Accounting Officer and Controller
(713) 215-7000
(Name and telephone number, including area code, of the person to contact in connection with this report.)


Check the appropriate box to indicate the rule pursuant to which this Form is being submitted, and provide the period to which the information in this Form applies:

☐    Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, ____________.
þ    Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2023.


Section 2 – Resource Extraction Issuer Disclosure

Item 2.01     Resource Extraction Issuer Disclosure and Report

(a)    Required Disclosure.

Section 13(q) of the Securities Exchange Act of 1934, as amended, and Rule 13q-1 and Form SD promulgated thereunder (collectively, the “Resource Extraction Payment Rules”) require resource extraction issuers to disclose payments made to the U.S. federal government or a foreign government for the purpose of the commercial development of oil, natural gas or minerals. In accordance with the Resource Extraction Payment Rules, this Form SD covers such payments made by Occidental Petroleum Corporation and its consolidated subsidiaries (“Occidental”) for the fiscal year ended December 31, 2023. Terms and phrases used but not defined in this Form SD have the meanings provided under the Resource Extraction Payment Rules.

Disclosure of Payments by Resource Extraction Issuers.
The specified payment disclosure required by the Resource Extraction Payment Rules is included in Exhibit 99.1 to this Form SD.

Payments are reported on a cash basis in U.S. dollars. Foreign currency payments are converted using the exchange rate that existed at the time the payment was made.

Payments are grouped into projects, which Occidental has defined as the combination of the major subnational political jurisdiction (designated by ISO 3166 country codes) and the body of water for offshore operations, the resource being extracted (oil and/or natural gas), and the extraction method (all of which are “well”). Obligations levied at the entity level rather than on a particular project are disclosed as entity level payments.

Section 3 – Exhibits

Item 3.01    Exhibits
The following exhibits are furnished as part of this report:




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

OCCIDENTAL PETROLEUM CORPORATION
By: /s/ Christopher O. Champion
Date:
September 26, 2024
Name: Christopher O. Champion
Title: Vice President, Chief Accounting Officer and Controller


Exhibit 99.1
Payments by Project for the year ended December 31, 2023, in Thousands of US Dollars
SegmentCountryProjectPayment CurrencyFeesRoyaltiesTaxesBonusesTotal
Corporate1
United StatesEntity Level US Federal Income TaxUSD$— $— $485,476 $— $485,476 
Corporate Total$— $— $485,476 $— $485,476 
Oil and GasAlgeriaDZ-30—Oil/Natural Gas—WellIn-Kind$— $— $285,006 $— $285,006 
ColombiaCO-MAG (Caribbean Sea)—Oil/Natural Gas—WellCOP$1,065 $— $— $— $1,065 
OmanOM-DA—Oil/Natural Gas—WellIn-Kind$— $— $10,053 $— $10,053 
USD$1,400 $— $— $— $1,400 
OM-WU—Oil/Natural Gas—WellIn-Kind$— $— $83,020 $— $83,020 
USD$1,250 $— $— $— $1,250 
OM-ZA—Oil/Natural Gas—WellIn-Kind$— $— $242,356 $— $242,356 
USD$2,717 $— $— $96,868 $99,585 
QatarQA-KH—Oil/Natural Gas—WellIn-Kind$— $— $78,342 $— $78,342 
UAEAE-AZ—Natural Gas—WellAED$1,700 $— $— $— $1,700 
AE-AZ—Oil/Natural Gas—WellAED$— $— $1,129 $— $1,129 
United KingdomDZ-30—Oil/Natural Gas—WellGBP$— $— $249 $— $249 
United StatesUS-CO—Oil/Natural Gas—WellUSD$14 $2,662 $— $— $2,676 
US-LA (Gulf of Mexico)—Oil/Natural Gas—WellUSD$8,637 $430,591 $— $23,524 $462,752 
US-NM—Oil/Natural Gas—WellUSD$190 $440,201 $— $— $440,391 
US-TX—Oil/Natural Gas—WellUSD$806 $26,290 $— $— $27,096 
US-WY—Oil/Natural Gas—WellUSD$128 $57 $— $— $185 
Oil and Gas Total$17,907 $899,801 $700,155 $120,392 $1,738,255 
Grand Total$17,907 $899,801 $1,185,631 $120,392 $2,223,731 
1 Pursuant to Instruction 4 to Item 2.01 of Form SD, because the U.S. federal government has levied a payment obligation at the entity level rather than on a particular project, Occidental Petroleum Corporation has disclosed the entity-level payment and has not excluded amounts attributable to particular business segments or projects (each as defined in Form SD) unrelated to the commercial development of oil, natural gas or minerals.


Payments by Government for the year ended December 31, 2023, in Thousands of US Dollars
CountryGovernmentGovernment EntityFeesRoyaltiesTaxesBonusesTotal
AlgeriaGovernment of AlgeriaMINISTRY OF FINANCE$— $— $285,006 $— $285,006 
Algeria Total$— $— $285,006 $— $285,006 
ColombiaGovernment of ColombiaAGENCIA NACIONAL DE HIDROCARBUROS$1,065 $— $— $— $1,065 
Colombia Total$1,065 $— $— $— $1,065 
OmanGovernment of OmanMINISTRY OF ENERGY AND MINERALS$5,367 $— $— $— $5,367 
MINISTRY OF FINANCE$— $— $— $96,868 $96,868 
TAX AUTHORITY$— $— $335,429 $— $335,429 
Oman Total$5,367 $— $335,429 $96,868 $437,664 
QatarGovernment of QatarGENERAL TAX AUTHORITY$— $— $78,342 $— $78,342 
Qatar Total$— $— $78,342 $— $78,342 
UAEGovernment of Abu DhabiABU DHABI NATIONAL OIL COMPANY$1,700 $— $— $— $1,700 
DEPARTMENT OF FINANCE – ABU DHABI$— $— $1,129 $— $1,129 
UAE Total$1,700 $— $1,129 $— $2,829 
United KingdomGovernment of the UKHM REVENUE & CUSTOMS$— $— $249 $— $249 
United Kingdom Total$— $— $249 $— $249 
United StatesFederal GovernmentOFFICE OF NATURAL RESOURCES REVENUE$9,585 $458,963 $— $23,524 $492,072 
DEPARTMENT OF TREASURY$— $440,838 $485,476 $— $926,314 
US BUREAU OF LAND MANAGEMENT$190 $— $— $— $190 
United States Total$9,775 $899,801 $485,476 $23,524 $1,418,576 
Grand Total$17,907 $899,801 $1,185,631 $120,392 $2,223,731 

v3.24.3
Document Information
 12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0000797468
Registrant Name OCCIDENTAL PETROLEUM CORP /DE/
Period End Date Dec. 31, 2023
Reporting Currency USD
v3.24.3
Payments, by Category - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Bonuses
Total Payments
Total $ 1,185,631 $ 899,801 $ 17,907 $ 120,392 $ 2,223,731
v3.24.3
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Bonuses
Total Payments
Total $ 1,185,631 $ 899,801 $ 17,907 $ 120,392 $ 2,223,731
DZ-30—Oil/Natural Gas—Well, In-Kind [Member]          
Total 285,006       285,006
CO-MAG (Caribbean Sea)—Oil/Natural Gas—Well [Member]          
Total     1,065   1,065
OM-DA—Oil/Natural Gas—Well, In-Kind [Member]          
Total 10,053       10,053
OM-DA—Oil/Natural Gas—Well [Member]          
Total     1,400   1,400
OM-WU—Oil/Natural Gas—Well, In-Kind [Member]          
Total 83,020       83,020
OM-WU—Oil/Natural Gas—Well [Member]          
Total     1,250   1,250
OM-ZA—Oil/Natural Gas—Well, In-Kind [Member]          
Total 242,356       242,356
OM-ZA—Oil/Natural Gas—Well [Member]          
Total     2,717 96,868 99,585
QA-KH—Oil/Natural Gas—Well [Member]          
Total 78,342       78,342
AE-AZ—Natural Gas—Well [Member]          
Total     1,700   1,700
AE-AZ—Oil/Natural Gas—Well [Member]          
Total 1,129       1,129
DZ-30—Oil/Natural Gas—Well [Member]          
Total $ 249       249
US-CO—Oil/Natural Gas—Well [Member]          
Total   2,662 14   2,676
US-LA (Gulf of Mexico)—Oil/Natural Gas—Well [Member]          
Total   430,591 8,637 $ 23,524 462,752
US-NM—Oil/Natural Gas—Well [Member]          
Total   440,201 190   440,391
US-TX—Oil/Natural Gas—Well [Member]          
Total   26,290 806   27,096
US-WY—Oil/Natural Gas—Well [Member]          
Total   $ 57 $ 128   $ 185
v3.24.3
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Bonuses
Total Payments
Total $ 1,185,631 $ 899,801 $ 17,907 $ 120,392 $ 2,223,731
ALGERIA          
Total 285,006       285,006
ALGERIA | Government of Algeria, MINISTRY OF FINANCE [Member]          
Total 285,006       285,006
COLOMBIA          
Total     1,065   1,065
COLOMBIA | Government of Colombia, AGENCIA NACIONAL DE HIDROCARBUROS [Member]          
Total     1,065   1,065
OMAN          
Total 335,429   5,367 96,868 437,664
OMAN | Government of Oman, MINISTRY OF ENERGY AND MINERALS [Member]          
Total     5,367   5,367
OMAN | Government of Oman, MINISTRY OF FINANCE [Member]          
Total       96,868 96,868
OMAN | Government of Oman, TAX AUTHORITY [Member]          
Total 335,429       335,429
QATAR          
Total 78,342       78,342
QATAR | Government of Qatar, GENERAL TAX AUTHORITY [Member]          
Total 78,342       78,342
UNITED ARAB EMIRATES          
Total 1,129   1,700   2,829
UNITED ARAB EMIRATES | Government of Abu Dhabi, ABU DHABI NATIONAL OIL COMPANY [Member]          
Total     1,700   1,700
UNITED ARAB EMIRATES | Government of Abu Dhabi, DEPARTMENT OF FINANCE – ABU DHABI [Member]          
Total 1,129       1,129
UNITED KINGDOM          
Total 249       249
UNITED KINGDOM | Government of the UK, HM REVENUE & CUSTOMS [Member]          
Total 249       249
UNITED STATES          
Total 485,476 899,801 9,775 23,524 1,418,576
UNITED STATES | Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member]          
Total   458,963 9,585 $ 23,524 492,072
UNITED STATES | Federal Government, DEPARTMENT OF TREASURY [Member]          
Total $ 485,476 $ 440,838     926,314
UNITED STATES | Federal Government, US BUREAU OF LAND MANAGEMENT [Member]          
Total     $ 190   $ 190
v3.24.3
Payments, Details - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Amount
Type
Country
Subnat. Juris.
Govt.
Project
Resource
Segment
Ext. Method
In-kind
In-kind Calc.
#: 1                      
$ 249 Taxes UNITED KINGDOM snj:DZ-30 Government of the UK, HM REVENUE & CUSTOMS [Member] DZ-30—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 2                      
285,006 Taxes ALGERIA snj:DZ-30 Government of Algeria, MINISTRY OF FINANCE [Member] DZ-30—Oil/Natural Gas—Well, In-Kind [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well Yes Fair value
#: 3                      
1,065 Fees COLOMBIA snj:CO-MAG Government of Colombia, AGENCIA NACIONAL DE HIDROCARBUROS [Member] CO-MAG (Caribbean Sea)—Oil/Natural Gas—Well [Member] Natural Gas [Member] Oil and Gas [Member] Well    
#: 4                      
2,717 Fees OMAN snj:OM-ZA Government of Oman, MINISTRY OF ENERGY AND MINERALS [Member] OM-ZA—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 5                      
96,868 Bonuses OMAN snj:OM-ZA Government of Oman, MINISTRY OF FINANCE [Member] OM-ZA—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 6                      
242,356 Taxes OMAN snj:OM-ZA Government of Oman, TAX AUTHORITY [Member] OM-ZA—Oil/Natural Gas—Well, In-Kind [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well Yes Fair value
#: 7                      
1,207 Taxes OMAN snj:OM-ZA Government of Oman, TAX AUTHORITY [Member] OM-ZA—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 8                      
1,250 Fees OMAN snj:OM-WU Government of Oman, MINISTRY OF ENERGY AND MINERALS [Member] OM-WU—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 9                      
83,020 Taxes OMAN snj:OM-WU Government of Oman, TAX AUTHORITY [Member] OM-WU—Oil/Natural Gas—Well, In-Kind [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well Yes Fair value
#: 10                      
866 Taxes OMAN snj:OM-WU Government of Oman, TAX AUTHORITY [Member] OM-WU—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 11                      
1,400 Fees OMAN snj:OM-DA Government of Oman, MINISTRY OF ENERGY AND MINERALS [Member] OM-DA—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 12                      
10,053 Taxes OMAN snj:OM-DA Government of Oman, TAX AUTHORITY [Member] OM-DA—Oil/Natural Gas—Well, In-Kind [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well Yes Fair value
#: 13                      
1,700 Fees UNITED ARAB EMIRATES snj:AE-AZ Government of Abu Dhabi, ABU DHABI NATIONAL OIL COMPANY [Member] AE-AZ—Natural Gas—Well [Member] Natural Gas [Member] Oil and Gas [Member] Well    
#: 14                      
1,129 Taxes UNITED ARAB EMIRATES snj:AE-AZ Government of Abu Dhabi, DEPARTMENT OF FINANCE – ABU DHABI [Member] AE-AZ—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 15                      
14 Fees UNITED STATES snj:US-CO Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-CO—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 16                      
2,662 Royalties UNITED STATES snj:US-CO Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-CO—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 17                      
485,476 Taxes UNITED STATES snj:US-TX Federal Government, DEPARTMENT OF TREASURY [Member]     Corporate [Member]      
#: 18                      
806 Fees UNITED STATES snj:US-TX Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-TX—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 19                      
25,653 Royalties UNITED STATES snj:US-TX Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-TX—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 20                      
637 Royalties UNITED STATES snj:US-TX Federal Government, DEPARTMENT OF TREASURY [Member] US-TX—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 21                      
8,637 Fees UNITED STATES snj:US-LA Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-LA (Gulf of Mexico)—Oil/Natural Gas—Well [Member] Natural Gas [Member] Oil and Gas [Member] Well    
#: 22                      
430,591 Royalties UNITED STATES snj:US-LA Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-LA (Gulf of Mexico)—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 23                      
23,524 Bonuses UNITED STATES snj:US-LA Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-LA (Gulf of Mexico)—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 24                      
128 Fees UNITED STATES snj:US-WY Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-WY—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 25                      
57 Royalties UNITED STATES snj:US-WY Federal Government, OFFICE OF NATURAL RESOURCES REVENUE [Member] US-WY—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 26                      
440,201 Royalties UNITED STATES snj:US-NM Federal Government, DEPARTMENT OF TREASURY [Member] US-NM—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 27                      
190 Fees UNITED STATES snj:US-NM Federal Government, US BUREAU OF LAND MANAGEMENT [Member] US-NM—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well    
#: 28                      
$ 78,342 Taxes QATAR snj:QA-KH Government of Qatar, GENERAL TAX AUTHORITY [Member] QA-KH—Oil/Natural Gas—Well [Member] Oil, Natural Gas [Member] Oil and Gas [Member] Well Yes Fair value
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