Infill and Development Drilling Studies
Los Angeles Basin, California
Termo's review of the geologically complex area of the Aliso Canyon and Oat Mountain oil fields has resulted in the drilling of new wells over the past ten years. Several pay zones were found in each well and are on production. Initial results have been very encouraging. New information from these wellswas incorporated into a geological interpretation to enable further development.
Termo went through the extensive (and expensive) process of designing and permitting locations for up to 10 additional wells in this area, designating a new project area, North Aliso Canyon, for which we have begun the environmental review process for local entitlements. Permitting in Los Angeles County is a rigorous and time consuming process, and Termo engaged the services of some of the best environmental and technical consultants in California to help us design and implement a sound and successful program for the area. We worked with stakeholders, held public meetings, and toured the field with local leaders.
However, forces beyond our control derailed the project and it has been put on hold indefinitely. A combination of unjustified NIMBYism and a large utility company accident resulted in a political climate which made it all but impossible to continue forward. We remain hopeful that we can work with local leaders to implement a project that is scaled down but reasonable and acceptable.
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