Huntington Beach Oil Field Explained

The Huntington Beach Oil Field is part of rich pools of oil found along the West Coast of the United States in the early 1920s[1] stretching from Huntington Beach, California to Santa Barbara, California.[2]

History

On May 24, 1920, the first Huntington Beach well, the Huntington A-1,[3] was brought in as a producing well.[4] By October 1921, the field had 59 producing wells.[4] Even with 16 of those 59 wells being idle, the field produced per day, with each well producing from 50 to 200 barrels daily.[4]

The conflict of coastal oil drilling with beachfront recreation and tourism has been[5] a central theme in Southern California politics. The discovery of oil was followed by a real estate boom in the surrounding communities.[6] For example, as the Huntington Beach Oil Field expanded, the homes in that area that stood in the path of drawing oil from the ground were physically relocated north in 1921-1922 to lots in Midway City, California, which "started Midway City".[7] In addition, the discovery led to the development of the oceanfront community of Sunset Beach, California, which was established in 1905.[6]

Current operations

As of 2000, Huntington Beach had produced over a billion barrels of oil and 845 billion cf of natural gas.[8] In 2013, the USGS estimated that the Huntington Beach Oil Field could produce an additional 117 to 866 million barrels of oil, with their best estimate being 370 million barrels. It is unlikely that all of this oil could be produced, given the location. Current value of this estimate of potential oil, if it was produced, would be about $37 billion, at $100/bbl.[9]

California Resources Corporation currently operates the Huntington Beach Oil Field in Orange County.[10]

Notes and References

  1. Book: Himmelberg, Robert F. . Antitrust and Regulation During World War I and the Republican Era, 1917-1932 . 1994 . . 0-8153-1406-X . 332 .
  2. Book: Sabin, Paul . Crude Politics . 2005 . . 0-520-24198-3 . 54 .
  3. News: City's first oil well to be preserved . Ann Pepper . The Orange County Register. January 24, 1991 . June 3, 2012.
  4. Book: Hamilton, Fletcher. Preliminary Report No. 8: A Review of Mining in California During 1921 with Notes on the Outlook for 1922. 1922. California State Mining Bureau . 11 . June 4, 2012.
  5. Book: Land of Sunshine: An Environmental History of Metropolitan Los Angeles . Deverell . William . Greg Hise . 2006 . . 0-8229-5939-9 . 97 .
  6. Book: California Coastal Resource Guide . Caughman . Madge . Joanne S. Ginsberg . 1987 . . 0-520-06186-1 . 317 . registration .
  7. Robertson . Georgia Day . Arthur A. Hansen . Japanese American World War II Evacuation Oral History Project; "The Harvest of Hate" / Poston War Relocation Center . . Japanese American Project . Costa Mesa, California . 1994 . July 26, 1979 and August 21, 1979 . 457 . . June 3, 2012 . O.H. 1753b.
  8. The History Of Oil Along The Newport–Inglewood Structural Zone – Los Angeles County, California, Stephen M. Testa. Oil-Industry History, Volume 8, Number 1, 2007. Abstract
  9. http://pubs.usgs.gov/fs/2012/3120/ Remaining Recoverable Petroleum in Ten Giant Oil Fields of the Los Angeles Basin, Southern California
  10. http://www.crc.com/images/documents/IR/Financials/CRC_2017_Annual_Report.pdf California Resources Corporation 2017 Annual Report