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The Carpinteria Offshore Oil Field is an oil and gas field in Santa Barbara Channel, south of the city of Carpinteria in southern California in the United States. Discovered in 1964, and reaching peak production in 1969, it has produced over 106 million barrels of oil in its lifetime, and retains approximately 2 million barrels in reserve recoverable with present technology, according to the ...
Crude Politics: The California Oil Market, 1900–1940 (U of California Press, 2005). Tompkins, Walker A. Little Giant of Signal Hill: An Adventure in American Enterprise (1964) * Welty, Earl M, and Frank J Taylor. The 76 bonanza: The fabulous life and times of the Union Oil Company of California (1966) 351pp
The Honor Rancho Oil Field (also Honor Rancho Natural Gas Storage Field, Honor Rancho Underground Storage Facility) is an approximately 600-acre oil field and natural gas storage facility in Los Angeles County, California, on the northern border of the Valencia neighborhood of Santa Clarita, near the junction of Interstate 5 and westbound California State Route 126.
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% ...
Gregg Hart, D-Santa Barbara, would force oil companies to plug up idle oil or gas wells to the tune of an average of $68,000 per well. Over 40,000 wells in California are classified as either idle ...
With the new oil supplies from California—along with increased oil production in Texas and Pennsylvania—the price decreased from $9.60 per barrel in 1860 to $0.25 per barrel in 1895. [ 18 ] American oil companies including Union Oil Company became concerned with this development because oil prices had fallen too low for oil companies to ...
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Coalinga Oil Field Map Coalinga Anticline Geologic Cross Section An idle oil well along Palmer Road, on Anticline Ridge in the eastern portion of Coalinga Oil Field.. The Coalinga Oil Field is the northernmost of a series of oil fields along anticlines extending along the western margin of the San Joaquin Valley, anticlines which parallel the San Andreas fault and have their origin in ...