Aera Energy LLC
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| Limited Liability Company | |
| Industry | Oil and gas |
| Founded | 1997 |
| Headquarters | Aera Oaks, Bakersfield, California, United States |
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Area served
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California |
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Key people
|
Christina S. Sistrunk (CEO) |
| Products | Petroleum, natural gas |
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Number of employees
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1,370 |
| Parent |
Shell Oil Company ExxonMobil |
| Website | aeraenergy.com |
Aera Energy LLC (Aera) is a natural gas, oil exploration and production company jointly owned by Shell Oil Company and ExxonMobil headquartered in Bakersfield, California. In addition, 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.1
Most of Aera’s production is located in the San Joaquin Valley. The company also has oil field operations in Ventura, Monterey and Fresno counties and has begun the permitting process to redevelop the East Cat Canyon oilfield in northern Santa Barbara County. 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.
The work force needs of Aera are provided by Aera Energy Services Company (Aera Services), a Delaware corporation. Aera and Aera Services employ about 1,370 people and hundreds of contractor companies.
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.
The Coles Levee Ecosystem Preserve, located about 20 miles (32 km) southwest of Bakersfield, consists of 6,059 acres (24.52 km2) of habitat.6 More than a dozen rare, threatened and endangered birds, animals and plant life can be found in the preserve. The preserve encompasses the last two miles (3 km) of riparian habitat along the Kern River, where it drains into Buena Vista Lake.
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Wikipedia