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The Russell Ranch Oil Field is an oil and gas field in the Cuyama Valley of northern Santa Barbara and southern San Luis Obispo Counties, California, in the United States. . Discovered in 1948, and reaching peak production in 1950, it has produced over 68 million barrels (10,800,000 m 3) of oil in its lifetime; with only an estimated 216,000 barrels (34,300 m 3) of recoverable oil remaining ...
Through the 1960s, the business faced difficulties and delivered poor returns. In 1970 it was bought by R. J. Reynolds Industries Inc for $56 million, bringing much new investment as the new parent company sought to strengthen Aminoil's competitive position, and be a stable source of fuel for its growing but troubled container shipping business, Sea-Land Industries.
Discovered in 1949, and with a cumulative production of around 225 million barrels (35,800,000 m 3) of oil, it ranks 27th in size in the state, but is believed to retain only approximately two percent of its original oil (approximately 4.6 million barrels (730,000 m 3)), according to the official estimates of the California Department of Oil ...
Newsom appointed Tai Milder as the state’s ‘oil czar’ to oversee the effort. In September, Milder highlighted a suspicious trade on the state’s real-time market for gasoline that quickly ...
A California law that bans drilling new oil wells near places like homes and schools will take effect after the oil industry on Thursday withdrew a referendum from the November ballot asking ...
The California oil and gas industry has been a major economic and cultural component of the US state of California for over a century. Oil production was a minor factor in the 19th century, with kerosene replacing whale oil and lubricants becoming essential to the machine age.
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines. Inglewood Oil Field ...
The California Department of Food and Agriculture (CDFA) is a cabinet-level agency in the government of California.Established in 1919 by the California State Legislature and signed into law by Governor William Stephens, the Department of Food and Agriculture is responsible for ensuring the state's food safety, the protection of the state's agriculture from invasive species, and promoting the ...