About Aera energy llc

About company

Aera Energy LLC is one of California's largest oil and gas producers, accounting for nearly 25 percent of the state's production. Formed in June 1997 and jointly owned by affiliates of Shell and ExxonMobil, They are operated as a stand-alone company through Their own board of managers. They are industry leaders that specialize in tapping heavy oil and other unconventional light reservoirs. With headquarters in Bakersfield, most of Their production is centered in the San Joaquin Valley. They also have oil field operations in Ventura and Monterey counties. Aera produces about 125,000 barrels of oil and 32 million cubic feet of natural gas each day and has proved oil and gas reserves equivalent to approximately 536 million barrels of oil.