Does Shell own Aera?

Does Shell own Aera?

Aera Energy is jointly owned by affiliates of Shell and ExxonMobil.

Who owns Aera Energy?

Royal Dutch Shell
ExxonMobilShell Oil Company
Aera Energy/Parent organizations

Aera Energy is one of California’s largest oil and gas producers, accounting for nearly 25% of the state’s production. Formed in June 1997 and jointly owned by affiliates of Shell and ExxonMobil, we are operated as a stand-alone company through our own board of managers.

What does Aera Energy do?

Aera Energy LLC (or simply Aera) is a natural gas, oil exploration and production company jointly owned by Shell Oil Company and ExxonMobil and headquartered in Bakersfield, California.

How many employees does Aera Energy have?

1,100 employees
Aera Energy, which employs about 1,100 employees and nearly 2,800 contractors in Kern, Fresno, Monterey and Ventura counties, also ranked second among 32 companies listed in the construction, oil & gas operations, mining and chemicals category.

Is Exxon the same as Shell?

Exxon Chemical Co. and units of Royal Dutch/Shell Group have agreed to merge their petroleum additives businesses. The move reflects increasing competitiveness in the fuel and lubricants additives markets.

Is Shell part of ExxonMobil?

Royal Dutch Shell. Standard Oil Company of California (SoCal, later Chevron) Gulf Oil (now merged into Chevron)…Original 7 sisters.

Company Country Details
Standard Oil Co. of New York (Socony) United States Became Mobil, which was acquired by Exxon in 1999 to form ExxonMobil.
Texaco Acquired by Chevron in 2001.

Is Shell leaving California?

Exclusive: Shell Plans to Exit California Joint Venture With Exxon Mobil – Sources. July 1, 2021, at 12:13 a.m. (Reuters) – Royal Dutch Shell Plc plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp, four people familiar with the talks told Reuters.

What is CalGEM?

​​​​​​​​​​​The California Geologic Energy Management Division (CalGEM) prioritizes protecting public health, safety, and the environment in its oversight of the oil, natural gas, and geothermal industries, while working to help California achieve its climate change and clean energy goals.

How much oil is in Bakersfield?

All told, Kern County produces 66% of the oil in California, about 10% of the U.S. oil supply, and approximately 1% of the world’s total oil production. That works out to about 560,000 barrels of oil per day, which at $12 to $15 per barrel is something like $2.4 billion to $3.0 billion worth of oil every year.

Are BP and Mobil the same company?

The “Seven Sisters”: Exxon (now ExxonMobil), Mobil (now ExxonMobil), Chevron, Gulf Oil (now Chevron), Texaco (now Chevron), BP and Shell.

What is the difference between Exxon and Mobil?

(ExxonMobil), the largest oil company and the third-largest company in the world. This was the largest corporate merger at that time. At the time of the merger, Exxon was the world’s largest energy company while Mobil was the second-largest oil and gas company in the United States. Formally, Mobil was bought by Exxon.

Where are Aera Energy’s oil fields in California?

Aera is proud to call California home, with operations in Kern County—one of the largest oil-producing regions in the country. Aera also has active fields in Fresno, Monterey and Ventura counties, and permitting is underway in Northern Santa Barbara.

What kind of awards does Aera Energy have?

Aera Energy has been honored with the North American Maintenance Excellence Award and the AME Manufacturing Excellence Award. About Aera Inside Aera (blog) Environment People of Aera

Is there a resurgence of recruitment fraud at AERA?

UPDATED January 2020 – Aera is experiencing a resurgence in recruitment fraud. Please review the recruitment fraud page for more information. At Aera, we are relentless in our efforts to produce energy safely and in an environmentally responsible way.

Where did Aera Energy rank in relay for life?

American Cancer Society honors Aera with Relay For Life national ranking. The American Cancer Society has recognized Aera Energy with a No. 60 national ranking for its “outstanding fundraising success.” Aera employees raised $59,344 during the 2018 Relay for Life event, held at the Kern County Fairgrounds.