Hang On!!Top three fields of Kern County are ranked
in the top five fields for all of the USA
Location
Field
Current Production – June ’99
Number of
Producing Wells
Avg. Production
Per Well
Alaska
Prudhoe Bay
519,238 bopd
874
594 bopd
Alaska
Kaparuk River
251,337 bopd
469
536 bopd
Kern County –California
Midway – Sunset
160,400 bopd
10,081
16 bopd
Kern County –California
Kern River
128,900 bopd
8,474
15 bopd
Kern County –California
South Belridge
101,500 bopd
4,211
24 bopd
TODAY'S OPPORTUNITY IN THE DEEP SAN JOAQUIN VALLEY
The three key factors that make this area an exciting oil and gas play today are geology, technology and discovery. Each of these factors contributes to the massive oil and gas potential that exists in the deeper frontiers within the San Joaquin Basin.
The first factor, geology, is built on the understanding that the San Joaquin Basin is up to 45,000 feet thick. All of the oil production to date from the basin has been from shallower wells, less than 12,000 feet in depth.
On April 29, 1991, a Glendale, California geologist and engineer by the name of Russell R. Simonson published an article in the Oil and Gas Journal titled "Large Accumulations of Oil Likely Beneath Thrust Faults In East Temblor Range Area." In this article, he stated, "It is believed that significant accumulations of oil and gas will be found under thrust faults in the eastern Temblor Range. Similar conditions such as access to source rocks, normal hydrostatic gradients, favorable structural and statigraphical traps and other factors that were instrumental in forming such major fields as Elk Hills, Buena Vista Hills and Midway-Sunset should be present in the deep level Temblor Range."
Based on Mr. Simonson's hypothesis, several major oil and gas companies began drilling deep wells on their existing lands and several junior companies began accumulating land positions.