July 14 (Reuters) - U.S. shale producer Occidental
Petroleum ( OXY ) said on Monday its Gulf of Mexico production
in the second quarter was curtailed due to third-party
constraints, extended maintenance, and schedule-related delays.
The company said sales volumes from what it calls the "Gulf
of America" - referring to the Gulf of Mexico - are expected to
be about 125,000 barrels of oil equivalent per day (boepd).
President Donald Trump issued an executive order in
January 2025 calling on U.S. institutions to refer to the Gulf
of Mexico as the Gulf of America.
Previously, Occidental forecast its Gulf of Mexico
production to range between 126,000 and 134,000 boepd in the
second quarter.
The company continues to expect annual production within
its previously announced forecast of 1.38 million to 1.42
million boepd.
Occidental said its average realized price for total oil
output was $63.76 per barrel in the April-June quarter, down
from $71.07 per barrel in the preceding quarter.
(Reporting by Vallari Srivastava in Bengaluru; Editing by Anil
D'Silva and Tasim Zahid)