California's Ocean Economy - California Resources Agency - State ...

NOEP
Table 4-6: Coastal Counties Onshore and Offshore Oil Production 2001
County
Number
of Wells
Oil and Condensate
(bbl)
Daily
Production/Well(b
bl)
Estimated Oil
Reserve(Mbbl)
Onshore Offshore Onshore Offshore Onshore Offshore Onshore Offshore
Del Norte ……. ……. ……. ……. ……. ……. ……. …….
Humboldt 31 ……. ……. ……. ……. ……. ……. …….
Mendocino ……. ……. ……. ……. ……. ……. ……. …….
Yolo 74 ……. ……. ……. ……. ……. ……. …….
Sonoma ……. ……. ……. ……. ……. ……. ……. …….
Napa ……. ……. ……. ……. ……. ……. …….
Sacremento 70 ……. 7,273 ……. 0 ……. ……. …….
Solano 185 ……. 36,931 ……. 1 ……. 35,873 …….
San Joaquin 153 ……. ……. ……. ……. ……. ……. …….
Marin ……. ……. ……. ……. ……. ……. ……. …….
Contra Costa 46 ……. 489 ……. 0 ……. ……. …….
Alameda 5 ……. 11,179 ……. 6 ……. 7 …….
San Francisco ……. ……. ……. ……. ……. ……. ……. …….
San Mateo 14 ……. 898 ……. 0 ……. 3 …….
Santa Clara 7 ……. 28,880 ……. 11 ……. 114 …….
Santa Cruz ……. ……. ……. ……. ……. ……. ……. …….
Monterey 332 ……. 462,643 ……. 39 ……. 65,935 …….
San Luis Obispo 154 717,190 ……. 13 ……. 6,433 …….
Santa Barbara 677 27 2,521,649 1,203,743 10 122 36,873 10,340
Ventura 1,855 32 8,322,478 301,591 12 26 91,416 6,228
Los Angeles 2,586 835 15,700,887 12,488,554 18 41 304,890 111,269
Orange 1,150 160 3,084,371 2,978,471 7 51 22 47
San Deigo ……. ……. ……. ……. ……. ……. ……. …….
Total 7,339 1,054 30,894,868 16,972,359 117 240 541,566 127,884
Table 4-7 gives the value of offshore oil production in California in 2001 dollars. The value
of all offshore oil production in California was estimated at $1.4 billion in 2001, and state
offshore oil production were valued at approximately $474 million.
Table 4-7: Value of Offshore Oil Production in 2001 23
Oil &
Condensate
Production
Offshore Oil &
Condensate
Production(bbl)
% of Offshore Price of Gross Value of
County
Production Oil ($/bbl) Offshore Oil ($)
Santa Barbara 3,725,392 1,203,743 32.31 $28 $33,620,542
Ventura 8,624,069 301,591 3.50 $28 $8,423,437
Los Angeles 28,189,441 12,488,554 44.30 $28 $348,805,313
Orange 6,062,842 2,978,471 49.13 $28 $83,188,695
All Coastal Counties 46,601,744 16,972,359 36.42 $28 $474,037,987
Federal 33,190,678 $28 $927,015,637
Total 50,163,037 $28 $1,401,053,623
23 In order to estimate the value of offshore crude oil production, the average price of crude oil was estimated using
Cushing, OKWTI spot price FOB($/bbl) from the Department of Energy.
Source: http://www.eia.doe.gov/oil_gas/petroleum/info_glance/prices.html
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