Recent developments (2025–early 2026): Activity has been more limited compared to peers. OXY faced (and largely lost) regulatory challenges against ExxonMobil’s larger-scale plans in the region. As of late 2025, OXY holds acreage but is not yet at the pilot or production stage like Exxon, Chevron, or Standard Lithium/Equinor (who announced offtake deals and funding progress in early 2026). Arkansas lithium efforts overall remain in the exploration/early development phase, with companies targeting final investment decisions around early 2026.