Nov 12 (Reuters) - Oil and gas firm Occidental Petroleum ( OXY )

beat Wall Street estimates for third-quarter profit on

Tuesday, as higher production from the $12-billion CrownRock

acquisition offset lower prices.

Occidental closed its acquisition of privately held

CrownRock in August, implying that it had two months' worth of

higher production in the third quarter, but flagged lower prices

for its oil and gas production.

Quarterly production was up 15.7% at 1.41 million

barrels of oil equivalent per day (MMboepd) from the previous

year.

The company reported an adjusted profit of $1 per share for

the quarter ended Sept. 30, compared with analysts' average

estimate of 74 cents, according to data compiled by LSEG.