Fracking in Ventura County: the next oil boom?

Great op-ed from Marianne Ratcliff in today's Star on fracking in Ventura County. How much fracking is going on, and how much more will be going on? Difficult to say. According to her research, most wells in this area have already been fracked — but that's not to say that more couldn't be, or couldn't be hazardous. 

Fracking is such a proven method of increasing oil and gas production
in the Silverthread lease in Upper Ojai that it is the rare well that
has not been fracked, according to a 1975 Society of Petroleum Engineers
report on the Ojai Silverthread Field.

Ambitious energy companies are reporting plans in company
prospectuses and investor reports, such as the one published in March
2012 by Underground Energy Corp., reporting that Occidental Petroleum
Corp.
’s Vintage Production California LLC subsidiary, the largest
Monterey landholder in the Ventura, Los Angeles and San Joaquin basins,
has “200,000 acres and 520 drilling targets de-risked for oil-prone
shale development.”

"De-risked?" For them or us? Here's a map from CNN, showing the oil formation overlaid on the state.

California-shale-map-monster

Will attend the meeting on Tuesday, in which the county will hear from its legal counsel on fracking locally. All but one of the supervisors want to know more…as do some of us. 

Published by Kit Stolz

I'm a freelance reporter and writer based in Ventura County.

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