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Page added on February 8, 2007

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Occidental declares force majeure at Calif. field


NEW YORK, Feb 8 (Reuters) – Independent oil and gas producer Occidental Petroleum Corp. has declared force majeure on oil and gas supplies from its Elk Hills, California, field after a fire Tuesday, a company spokesman said Thursday.


“We have 95 percent of output shut in so it would be logical for us to declare force majeure,” said Occidental spokesman Larry Meriage.


Elk Hills is one of the largest oil fields in California and it produces approximately 120,000 barrels of oil equivalent a day, of which 60 percent is liquids, said Meriage.

Reuters



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