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CRC's first product, 5-56, is still sold. However, 6-56, a silicone-based replacement, is CRC's current competing product for WD-40. [5] Brakleen, a tetrachloroethylene (PERC)-based brake cleaner, is one of CRC's signature products. It has gained a cult following due to its dissolving power and has been used off-label for many other purposes, a ...
It is also operates the Wilmington Oil Field in partnership with California, several smaller fields in Los Angeles County, and the Huntington Beach Oil Field in Orange County, California. As of December 31, 2021, the company had 480 million barrels of oil equivalent (2.9 × 10 9 GJ) of estimated proved reserves, of which 71% was petroleum , 20% ...
In 1975, the state of California and the city of Long Beach sued the THUMS oil companies for artificially depressing oil prices. A federal jury cleared Exxon of all charges, and the other four oil companies settled out of court for "hundreds of millions of dollars". [4] A peak of 148,495 barrels per day (23,608.8 m 3 /d) were produced in 1969.
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Through the first nine months of 2018, California (CRC) drilled roughly 151 wells that yield 131,000 BoE per day.
Manufacturing companies based in San Jose, California (4 C, 53 P) Manufacturing companies based in Seattle (36 P) Manufacturing companies based in Springfield, Massachusetts (1 C, 8 P)
The consensus price target hints at a 25% upside potential for California Resources (CRC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ...