Aera energy llc Bouvet Island

California Resources Corporation to Combine with

1. Aera''s enterprise value was calculated as 21.2 million of shares of CRC common stock based on a per share price of $46.81 as of February 2, 2024 plus $1.1B of assumed debt and other liabilities, which

Our Operations

Aera-Ventura covers about 4,300 acres in the hills just north of the City of Ventura along Ventura Avenue. Aera and its forerunner companies have been actively producing crude oil in Ventura County since the 1920s. Aera produces about

Aera Energy

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Aera Energy LLC (or simply Aera) is a natural gas, oil exploration and production company started as a joint venture between Shell plc (through Shell USA) and Mobil (which later merged to form ExxonMobil). Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, and one of California''s largest oil and natural gas producers, with an approxim

California Resources Corporation to Combine with

Continued leadership across leading energy transition initiatives: Combination of Carbon TerraVault platform and Aera''s Low Carbon Solutions to enable further expansion to a variety of energy transition technologies in

California is an ''energy island'' – and that puts us at risk

That''s because the Golden State is an energy island, says Californians for Energy Independence, a coalition made up of over 200,000 Californians. "California is disconnected from the other

News: IKAV acquires Aera Energy from Shell and ExxonMobil

About Aera Energy LLC Aera Energy is a California company and a long-time leader in the energy industry accounting for nearly 25 percent of the state''s oil production. Formed in 1997, it is

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6 FAQs about [Aera energy llc Bouvet Island]

Where is Aera Energy located?

Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, and one of California's largest oil and natural gas producers, with an approximate 2015 revenues of over $2 billion. Aera is operated as a stand-alone company through its board of managers.

Who owns Aera Energy?

The company began operating as Aera Energy LLC on June 1, 1997, and consists of the California onshore and offshore exploration and production assets previously operated by CalResources LLC (a former Shell affiliate), Mobil Exploration & Producing US Inc. (now an ExxonMobil affiliate), and ARCO.

What does AERA do?

Aera is working to transform the energy landscape in California and beyond. Deliver the oil and gas people need today and invest in lower carbon energy production. Commitment to innovation in energy solutions that reduce carbon emissions. Balancing energy affordability, security and reliability. our 25-year journey.

Where is AERA oil based?

Formed in June 1997, Aera is based in Bakersfield in the heart of Kern County – one of the largest oil-producing regions in the nation – with operations in Ventura, Monterey and Fresno counties.

How much oil does AERA produce a day?

Aera produces approximately 126,300 barrels of oil and 32 million cubic feet of natural gas each day, and has proved oil and natural gas reserves equivalent to approximately 536 million barrels of oil. Aera produces nearly 25 percent of California's oil and natural gas.

What percentage of California's oil and natural gas is produced by Aera?

Aera produces nearly 25 percent of California's oil and natural gas. The work force needs of Aera are provided by Aera Energy Services Company (Aera Services), a Delaware corporation.

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