Overview of Occidental

Drilling Activity

Stu Keller
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 Speaker Information

 Stu Keller
 Drilling Engineering Consultant
 Oxy Worldwide Drilling & Completions Drilling Engineering Group
 5 years with Oxy; 30 years with ExxonMobil; all in Drilling &
Completions
 Based in Houston
 Specialist in BHA & Tubular Design
 Purdue University B.S. Engineering Science

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 Occidental Oil and Gas Overview

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 Huge Permian Unconventional Drilling Inventory

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 Oxy is Global Leader in EOR

• Currently
operating 3
drilling rigs in
EOR areas

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 Some Oxy Recent Drilling-Related Success

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 Lateral Lengths and Production Increasing

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 Some Recent Drilling Achievements

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 Oxy Positive Displacement Motor (PDM) vs Rotary Steerable System (RSS)
Economics Calculator

• Calculates Risked Cost

Example of PDM, RSS,
Only RSS+PDM
• Includes probability of
trip, probability of LIH,
fishing economics
• Sensitivities to ROPs

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 Partnering with Some Key Suppliers on Logistics

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 Thank You

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