Through exceptional execution across our world-class asset base, Oxy delivered on our commitment to return capital to shareholders in 2022 with the triple benefit of a growing and sustainable common dividend, a strengthened financial position and completion of our \$3 billion share repurchase program.
凭借对全球一流资产基础的卓越执行，Oxy 在 2022 年兑现了承诺，通过持续增长且可持续的普通股股息、增强的财务状况，以及完成 30 亿美元股票回购计划，为股东实现了三重资本回报。
Oxy's high-return assets are the engine of our success, generating efficient production and a robust drilling inventory. Our proved reserves growth far outpaced our production, and we exited 2022 with proved reserves of over 3.8 billion barrels of oil equivalent (Boe), an increase of more than 300 million Boe from 2021. In the Gulf of Mexico, we completed new tie-backs to our existing platforms, contributing to several production milestones. We set numerous records in onshore operations in 2022, including record well productivity in the Delaware Basin. We also achieved record lateral lengths in the Delaware Basin, DJ Basin, Oman, and most notably in the Midland Basin, where our well Lulu 3641DP exceeded 18,000 feet to become our longest lateral on record. Remarkably, this well was drilled in slightly over 12 days. Milestones like these showcase our teams' focus on safely and efficiently expanding the boundaries of drilling technology. Our teams in Algeria, Oman and the UAE are also creating tremendous value with our government partners. The Al Hosn project, for example, is already achieving production milestones from its ongoing gas plant expansion, which will be completed in 2023.
Oxy 的高收益资产是公司成功的引擎，能够高效产油并提供充足的钻井储备。我们的已探明储量增长远超产量增长，截至 2022 年底已探明储量超过 38 亿桶油当量（Boe），较 2021 年增加逾 3 亿 Boe。在墨西哥湾，我们完成了多条与现有平台的连接管线，助力达成多项产量里程碑。2022 年，我们在陆上业务中创造了多项纪录，包括德拉瓦盆地创纪录的单井生产率。我们还在德拉瓦、DJ、阿曼以及尤以米德兰盆地创造了最长水平井纪录，其中 Lulu 3641DP 井的水平段长度超过 18,000 英尺，成为公司纪录中最长的水平井，且仅用 12 天多就完成钻井。这些里程碑展示了团队在安全高效扩展钻井技术边界方面的专注。我们在阿尔及利亚、阿曼和阿联酋的团队也与政府合作伙伴一起创造巨大价值。例如，Al Hosn 项目的天然气厂扩建已实现多个产量里程碑，并将于 2023 年完工。
OxyChem's workforce had another banner year in 2022, with record pre-tax earnings. In May, the U.S. Department of Energy selected OxyChem as a Better Practice Award winner for innovations in energy efficiency. In August, we announced the planned modernization and expansion of OxyChem's Battleground chlor-alkali plant in Houston, with completion expected in 2026.
OxyChem 的员工队伍在 2022 年再创佳绩，实现了创纪录的税前收益。5 月，美国能源部授予 OxyChem 能源效率创新“最佳实践奖”。8 月，我们宣布计划对位于休斯敦的 Battleground 氯碱厂进行现代化升级和扩建，预计 2026 年完工。
These projects are not only integral to efficient development and production; they help us advance Oxy's HSE and Sustainability Principles and further integrate our worldwide framework for safe, reliable and sustainable operations. In 2020, Oxy was the first U.S. oil and gas company to endorse the World Bank's Zero Routine Flaring by 2030 initiative, and I'm pleased that our U.S. oil and gas operations achieved this milestone in 2022, eight years ahead of the World Bank's target, with our international operations on track to end routine flaring before 2030. We are implementing additional measures to rapidly detect, repair and prevent methane emissions as a member of the UN-sponsored Oil and Gas Methane Partnership 2.0, the Methane Guiding Principles and the Oil and Gas Climate Initiative's Aiming for Zero Methane Emissions pledge. To further electrify our operations, we reached an agreement in November for NET Power, LLC to build its first utility-scale natural gas power plant with near-zero emissions in the Permian Basin, targeted to be online by 2026.
这些项目不仅对高效开发和生产至关重要，还帮助我们推进 Oxy 的 HSE 与可持续发展原则，并进一步整合全球安全、可靠和可持续运营框架。2020 年，Oxy 成为首家支持世界银行“到 2030 年零常规放空燃烧”倡议的美国油气公司；欣慰的是，我们的美国油气业务在 2022 年就实现了这一目标，比世界银行目标提前 8 年，国际业务也计划在 2030 年前终止常规放空燃烧。作为联合国支持的油气甲烷伙伴关系 2.0、甲烷指导原则及油气气候倡议“零甲烷排放”承诺的成员，我们正在实施额外措施，以快速检测、修复并防止甲烷排放。为进一步电气化运营，我们于 11 月与 NET Power, LLC 达成协议，在二叠纪盆地建设其首座近零排放的公用事业级天然气电厂，预计 2026 年投运。
We also made significant progress in our low-carbon ventures that leverage our carbon management and major projects expertise, infrastructure, key partnerships and innovative technologies to advance our pathway to net-zero emissions and help others do the same. In September 2022, our subsidiary 1PointFive began construction on our first Direct Air Capture (DAC) plant in Ector County, Texas. With a planned capacity of 500,000 metric tons, this DAC plant will be the world's largest of its kind and is expected to begin commercial operations in 2025. 1PointFive has executed agreements to sell carbon dioxide (CO2) removal credits from our DAC plant to prospective purchasers in diverse industry sectors.
我们在低碳业务方面也取得重大进展，利用我们的碳管理和大型项目专长、基础设施、关键伙伴关系及创新技术，推动自身及他人迈向净零排放。2022 年 9 月，子公司 1PointFive 在德克萨斯州埃克托县启动首座直接空气捕集（DAC）工厂建设，规划年捕集能力 50 万吨，将成为全球同类规模最大的 DAC 工厂，预计 2025 年开始商业运营。1PointFive 已与多个行业的潜在客户签订协议，销售该 DAC 工厂所产生的二氧化碳移除信用额。
As of March 2023, 1PointFive has also secured substantial pore space and land in multiple locations along the U.S. Gulf Coast and in the Permian Basin for carbon sequestration hubs to store captured CO2 from DAC and industrial facilities.
截至 2023 年 3 月，1PointFive 还在美国墨西哥湾沿岸及二叠纪盆地多个地点锁定了大量孔隙储层和土地，用于建设碳封存枢纽，以存储 DAC 与工业设施捕集的二氧化碳。
Oxy generated record net income attributable to common shareholders of \$12.5 billion and record free cash flow before working capital of \$13.6 billion, driven by our operational records and strong commodity prices. These results enabled us to retire more than \$10.5 billion of debt, surpassing our 2022 target and strengthening our balance sheet, with estimated savings of more than \$400 million per year in interest and financing costs. In March 2023, Moody's Investors Service upgraded Oxy's senior unsecured credit rating to investment grade. As an outgrowth of our strong shareholder returns, we expect redemptions of our preferred equity beginning in 2023 will further rebalance our enterprise value in favor of common shareholders.
Oxy 凭借运营纪录和强劲大宗商品价格，创造了 125 亿美元的普通股股东净利润和 136 亿美元营业资本前自由现金流新纪录。这使我们得以偿还超过 105 亿美元债务，超额完成 2022 年目标并强化资产负债表，预计每年节省利息和融资成本逾 4 亿美元。2023 年 3 月，穆迪投资者服务公司将 Oxy 的无担保高级债信评级上调至投资级。随着强劲的股东回报，我们预计自 2023 年起赎回优先股将进一步优化企业价值结构，更多偏向普通股股东。
We were honored to be recognized by Fortune once again as one of the World's Most Admired Companies in 2023, ranking No. 1 in the Mining, Crude-Oil Production category. Oxy has made Fortune's list in this category every reported year since 2008, including the No. 1 ranking 12 times. To help our employees sustain their exceptional performance from 2022, we are continuing to build on our Diversity, Inclusion and Belonging, Workforce Development, and Strategic Technical Excellence programs.
我们很荣幸再度被《财富》杂志评为 2023 年度“全球最受赞赏公司”之一，并在“采矿与原油生产”类别位列第一。自 2008 年以来，Oxy 每一次榜单发布都入选该类别，并 12 次摘得桂冠。为了帮助员工保持 2022 年的卓越表现，我们将继续深化多元、包容与归属感，员工发展以及战略技术卓越等计划。
In closing, I want to thank our Board of Directors for their strategic oversight and our employees for their dedication to maximize value for our shareholders in 2023 and over the long term, as we deliver the energy, products and solutions needed by our customers, communities and society at large.
最后，我要感谢董事会的战略监督，并感谢员工致力于在 2023 年及更长远未来为股东最大化价值，同时向我们的客户、社区和整个社会提供所需的能源、产品与解决方案。