XML 49 R34.htm IDEA: XBRL DOCUMENT v2.4.0.6
Derivatives (Details 3) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Occidental's production, Sales contracts
Oil (in barrels)
bbl
Dec. 31, 2011
Occidental's production, Sales contracts
Oil (in barrels)
bbl
Mar. 31, 2012
Third-party marketing and trading activities, Purchase contracts
Oil (in barrels)
bbl
Dec. 31, 2011
Third-party marketing and trading activities, Purchase contracts
Oil (in barrels)
bbl
Mar. 31, 2012
Third-party marketing and trading activities, Purchase contracts
Natural Gas (in cubic feet)
ft3
Dec. 31, 2011
Third-party marketing and trading activities, Purchase contracts
Natural Gas (in cubic feet)
ft3
Mar. 31, 2012
Third-party marketing and trading activities, Purchase contracts
Precious metals (in troy ounces)
ozt
Dec. 31, 2011
Third-party marketing and trading activities, Purchase contracts
Precious metals (in troy ounces)
ozt
Mar. 31, 2012
Third-party marketing and trading activities, Sales contracts
Oil (in barrels)
bbl
Dec. 31, 2011
Third-party marketing and trading activities, Sales contracts
Oil (in barrels)
bbl
Mar. 31, 2012
Third-party marketing and trading activities, Sales contracts
Natural Gas (in cubic feet)
ft3
Dec. 31, 2011
Third-party marketing and trading activities, Sales contracts
Natural Gas (in cubic feet)
ft3
Dec. 31, 2011
Third-party marketing and trading activities, Sales contracts
Precious metals (in troy ounces)
ozt
Outstanding commodity derivatives contracts not designated as hedging instruments                              
Gross volumes     12,000,000 9,000,000 252,000,000 109,000,000 444,000,000,000 481,000,000,000 1,000,000 4,000,000 251,000,000 109,000,000 632,000,000,000 723,000,000,000 1,000,000
Net Gains from derivatives not designated as hedging instruments. (in dollars) $ 51 $ 29