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West Montalvo Oil Field
The West Montalvo Oil Field is a large and productive oil field on the coast of Ventura County, California, in the United States, in and adjacent to the city of Oxnard, California. Discovered in 1947, it has produced approximately of oil, and retains about 2.2 million recoverable with current technology, in both the onshore and offshore areas. The offshore portion of the field is exploited from wells directionally drilled from onshore near McGrath Lake, from within an enclosure above the high-tide line at McGrath State Beach. The West Montalvo field was also the first dry natural gas field of commercial value to be discovered in Ventura County; in its lifetime it has produced over of gas. The field is owned and operated by California Resources Corporation. Setting The oil field underlies the portion of coastline just south of the outlet of the Santa Clara River (California), Santa Clara River, including several state and county parks (including McGrath State Beach, Mandalay St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anticline
In structural geology, an anticline is a type of fold that is an arch-like shape and has its oldest beds at its core, whereas a syncline is the inverse of an anticline. A typical anticline is convex up in which the hinge or crest is the location where the curvature is greatest, and the limbs are the sides of the fold that dip away from the hinge. Anticlines can be recognized and differentiated from antiforms by a sequence of rock layers that become progressively older toward the center of the fold. Therefore, if age relationships between various rock strata are unknown, the term antiform should be used. The progressing age of the rock strata towards the core and uplifted center, are the trademark indications for evidence of anticlines on a geologic map. These formations occur because anticlinal ridges typically develop above thrust faults during crustal deformations. The uplifted core of the fold causes compression of strata that preferentially erodes to a deeper st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venoco
Venoco, Inc. was a company engaged in hydrocarbon exploration. It primarily operated in the Monterey Formation in California. In 2017, the company filed bankruptcy and was liquidated. History The company was founded in September 1992 by Timothy Marquez. In 2005, the company sold Big Mineral Creek field for $45 million. In November 2006, the company became a public company via an initial public offering. In 2007, the company acquired the West Montalvo Oil Field from Berry Petroleum Company for $63 million; it was sold in 2014 to California Resources Corporation for $200 million. In 2011, the company spent $100 million to develop wells in the Monterey Formation. In 2012, the company became a privately held company after Timothy Marquez acquired the 49% of the company that he did not own. In 2015, the Refugio oil spill resulted in the closure of a pipeline upon which the company depended; as a result production was reduced by 50%. In March 2016, the company filed bankruptcy. O ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berry Petroleum Company
Berry Corporation is a company primarily engaged in hydrocarbon exploration in California (78% of 2019 production), the Uintah Basin (17% of 2019 production), and the Piceance Basin (5% of 2019 production). As of December 31, 2021, the company had of estimated proved reserves, of which 87% was petroleum and 13% was natural gas. The company also offers oil well services and electricity sales. History The company was founded in 1909 by Clarence Berry in California. In August 1996, the company acquired Tannehill Oil and its affiliates for $25.2 million. In 2003, the company acquired properties in the Uintah Basin in northwestern Utah. In February 2013, Linn Energy acquired the company for $4.3 billion, including $2.5 billion in stock. In February 2017, Linn Energy completed a financial restructure that included the corporate spin-off of Berry into a separate company. In July 2018, the company became a public company via an initial public offering. 1993 oil spill In December 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chevron Corporation
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells fu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Oil Company Of California
Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries. Chevron is engaged in every aspect of the oil and natural gas industries, including hydrocarbon exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation. Chevron traces its history back to the 1870s. The company grew quickly after the breakup of Standard Oil by acquiring companies and partnering with others, especially Texaco. Socal was one of the Seven Sisters that dominated the global petroleum industry from the mid-1940s to the 1970s. In 1985, Socal merged with the Pittsburgh-based Gulf Oil and rebranded as Chevron; the newly-merged company later merged with Texaco in 2001. Today, Chevron manufactures and sells f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sespe Formation
The Sespe Formation is a widespread fossiliferous sedimentary geologic unit in southern and south central California in the United States. It is of nonmarine origin, consisting predominantly of sandstones and conglomerates laid down in a riverine, shoreline, and floodplain environment between the upper Eocene Epoch (around 40 million years ago) through the lower Miocene. It is often distinctive in appearance, with its sandstones weathering to reddish-brown, maroon, pinkish-gray, tan, and green. Since many of its sandstones are more resistant to erosion than many other regional sedimentary units it often forms dramatic outcrops and ridgelines in many local mountain ranges. Type locality The type locality of the Sespe is along Sespe Creek in the Topatopa Mountains, about four miles (6 km) north of Fillmore, where it was first named in 1897 and redefined in 1924. Subdivision The Sespe Formation has been divided into three clearly differentiable subunits, designed Lower, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oligocene
The Oligocene ( ) is a geologic epoch of the Paleogene Period and extends from about 33.9 million to 23 million years before the present ( to ). As with other older geologic periods, the rock beds that define the epoch are well identified but the exact dates of the start and end of the epoch are slightly uncertain. The name Oligocene was coined in 1854 by the German paleontologist Heinrich Ernst Beyrich from his studies of marine beds in Belgium and Germany. The name comes from the Ancient Greek (''olígos'', "few") and (''kainós'', "new"), and refers to the sparsity of extant forms of molluscs. The Oligocene is preceded by the Eocene Epoch and is followed by the Miocene Epoch. The Oligocene is the third and final epoch of the Paleogene Period. The Oligocene is often considered an important time of transition, a link between the archaic world of the tropical Eocene and the more modern ecosystems of the Miocene. Major changes during the Oligocene included a global expansion o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monterey Formation
The Monterey Formation is an extensive Miocene oil-rich geological sedimentary formation in California, with outcrops of the formation in parts of the California Coast Ranges, Peninsular Ranges, and on some of California's off-shore islands. The type locality is near the city of Monterey, California. The Monterey Formation is the major source-rock for 37 to 38 billion barrels of oil in conventional traps such as sandstones. This is most of California's known oil resources. The Monterey has been extensively investigated and mapped for petroleum potential, and is of major importance for understanding the complex geological history of California. Its rocks are mostly highly siliceous strata that vary greatly in composition, stratigraphy, and tectono-stratigraphic history. The US Energy Information Administration (EIA) estimated in 2014 that the 1,750 square mile Monterey Formation could, as an unconventional resource, yield about 600 million barrels of oil, from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santa Margarita Formation
The Santa Margarita Formation is a Neogene Period geologic formation in the San Joaquin Valley of central California. It preserves fossils dating back to the Miocene epoch. See also * List of fossiliferous stratigraphic units in California * Paleontology in California Paleontology in California refers to paleontologist research occurring within or conducted by people from the U.S. state of California. California contains rocks of almost every age from the Precambrian to the Recent. Precambrian fossils are pres ... Fossils of Los Angeles References External links * * Geologic formations of California Miocene California Phosphorite formations Geography of the San Joaquin Valley Geology of Kern County, California {{California-geologic-formation-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Miocene
The Miocene ( ) is the first geological epoch of the Neogene Period and extends from about (Ma). The Miocene was named by Scottish geologist Charles Lyell; the name comes from the Greek words (', "less") and (', "new") and means "less recent" because it has 18% fewer modern marine invertebrates than the Pliocene has. The Miocene is preceded by the Oligocene and is followed by the Pliocene. As Earth went from the Oligocene through the Miocene and into the Pliocene, the climate slowly cooled towards a series of ice ages. The Miocene boundaries are not marked by a single distinct global event but consist rather of regionally defined boundaries between the warmer Oligocene and the cooler Pliocene Epoch. During the Early Miocene, the Arabian Peninsula collided with Eurasia, severing the connection between the Mediterranean and Indian Ocean, and allowing a faunal interchange to occur between Eurasia and Africa, including the dispersal of proboscideans into Eurasia. During the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
