Zhitong Finance APP learnedmegaballsAccording to reports, Western Oil (OXYmegaballs.US) is exploring selling part of its Permian Basin operations, which could generate more than $1 billion in revenue. Occidental Oil is understood to be working with a financial adviser on the asset sale process in the Barilla Draw area in the Delaware part of the Permian Basin and sees an opportunity to attract strong interest from other Permian oil producers who have recently completed a large number of transactions. Data shows that the asset that Occidental Oil plans to sell covers an area of approximately 275,000 acres and has a daily output of 244,000 barrels of oil equivalent.