Category: Oil & Gas

South Ellwood Project

Platform Holly/Piers 421/Venoco BankruptcyStaff continues to maintain and monitor Platform Holly and the onshore facilities to ensure public health and safety and to work on abandoning the 30 wells on the platform. Well work to seal off the producing intervals of the...

Rincon Onshore and Offshore Facilities

In August, the Commission approved the Rincon Phase 2 Feasibility Study and staff’s recommendations for preparation of an Environmental Impact Report (EIR). On October 4, the Commission released a Notice of Preparation for an EIR for Phase 2. The proposed project for...

Project to remove final two oil piers at Haskell’s Beach set to begin

The end of an era begins on Monday at Haskell’s Beach, as the State Lands Commission, in collaboration with the City of Goleta, starts work to remove the pier and caisson structures known as PRC 421-1 and 421-2. It’s a process that will take up to six months, during which time sections of the beach may close temporarily to keep the public safe during the operations. The beach will remain open otherwise.

Information on State Tidelands Oil & Gas Leases

Lease: 91Lessee: SoCal Holding, LLCOperator: SoCal Holding, LLCCounty: OrangeAssigned: June 19, 2014Field: Huntington BeachIssue Date: 05/21/1943Status: ProducingRoyalty Rate: Price-based sliding scale on oil (16.7% - 25%)Bonus: Bid factor 1.63Bond: $30 Million...