Occidental Petroleum Corporation (NYSE:OXY) disclosed the sale of certain Delaware Basin assets in Texas and New Mexico to Permian Resources Corp (NYSE:PR) for about $818 million. Occidental is selling Permian Resources around 27,500 net acres in the Barilla Draw Field of Texas and 2,000 net acres in the New Mexico Delaware Basin, with combined net production for the fourth quarter of 2024 estimated at approximately 15,000 barrels of oil equivalent per day. The transaction is expected to close in the third quarter of 2024, pending ...