Skip to main content
Occidental Petroleum to add rigs in New Mexico

Houston-based Occidental Petroleum, which cites strong production at its wells in New Mexico's Permian Basin, plans to operate up to seven rigs in the Greater Sand Dunes area in next year's first quarter, an increase from the five there now. The company, which currently has seven active wells in New Mexico, expects to have 26 by the second quarter.

Full Story: