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Occidental Petroleum Corporation (NYSE: OXY) is an international oil and gas exploration and production company, as well as a major North American chemical manufacturer. Occidental Oil and Gas Corporation is the fourth-largest U.S. oil and gas company, based on market capitalization of $48.6 billion. Oxy engages in oil and natural gas exploration and production in three core regions: the United States, Middle East/North Africa and Latin America. Occidental Oil and Gas Corporation is a worldwide leader in applying advanced technology to boost production from mature oil and natural gas fields and access hard-to-reach reserves. Occidental Oil and Gas Corporation have consistently replaced and expanded reserves through improved recovery, strategic acquisitions and focused exploration. Occidental Oil and Gas Corporation is the largest leaseholder of oil and gas exploration acreage in Libya.

Occidental Permian is all about oil, Texas Tea. Occidental Permian, Ltd. is the largest oil producer in Texas and has proved reserves in the Permian Basin of 1.2 billion barrels of oil equivalent. Nearly 60% of the oil Occidental Permian obtains comes from CO2 flooding, a procedure that is used when pumping and water injection no longer works. Occidental Permian, Ltd. is a subsidiary of Occidental Oil and Gas (itself a subsidiary of Occidental Petroleum), and became the major player in the Permian Basin with the parent's acquisition of Altura Energy in 2000 for a reported $3.6 billion.

Oil & Gas Development Company Limited (or OGDCL) is Pakistan's largest oil and gas exploration and production company. OGDCL's products include gas, crude oil, and LPG. Oil and Gas Development Company exploration activities are performed both on its own and through joint ventures, some of which the company operates; OGDCL explores both within and outside of Pakistan, as well as offshore. Oil and Gas Development Company accounts for 45% of Pakistan's oil reserves and 35% of the country's natural gas reserves. Total proved reserves in 2009 stood at 625 million barrels of oil equivalent. OGDCL was founded by Pakistan's government in 1961. In 2009 the government owned 85% of the company.

Oil Search Limited was established in 1929.The company expanded its Papua New Guinea-based operations through a merger with oil and gas and mineral explorer Orogen Minerals. Oil Search ranks as Papua New Guinea's largest exploration and production company, with proved and probable reserves of 1 billion barrels of oil equivalent. As operator of Papua New Guinea's producing oil and gas fields, in 2007 Oil Search was responsible for generating 16% of Papua New Guinea's Gross Domestic Product and 22% of its export revenue. Abu Dhabi's International Petroleum Investment Company owns 17.6% of Oil Search.

Oil and gas producer Surgutneftegas is one of the largest companies in the Russian oil sector. OJSC Surgutneftegas accounts for almost 13% of the country’s crude output and 25% of gas produced by domestic oil companies. Over many years, OJSC Surgutneftegas has been leading the industry in terms of exploratory and development drilling, as well as the number of production wells brought on stream. OJSC Surgutneftegas was the first in Russia to develop the complete cycle of gas production and processing, gas-based power generation, and output of finished products and petrochemical feedstock. Fifty-nine divisions of the company are involved in the whole range of prospecting and reservoir management operations, construction of facilities and pipelines, environmental safety, and process automation. Surgutneftegas’ crucial competitive advantage lies in advanced petroleum production technology successfully applied by its own service subdivisions. Oil is supplied to Russian refineries and exported to CIS and Western Europe.

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