As an independent company operating exclusively in California, CRC applies advanced technologies to produce local low carbon intensity energy production in a safe, environmentally responsible and cost-effective manner
that is consistent with the interests of our surrounding communities.
CRC is also an economic engine for California supporting thousands of jobs and careers. Since 2014, our operations have invested approximately $18.7 billion with more than 2,000 suppliers and vendors and provided nearly $3.4 billion in oil and gas revenues and taxes to the State and our host counties and cities where we live and work. And, all of CRC’s low carbon intensity oil and natural gas
resources – unlike imported energy – have been produced under the state’s world-leading safety, labor, human rights and environmental standards.
With approximately 1.7 million net mineral acres spanning three of California's major oil and gas basins, CRC holds the largest privately owned mineral acreage position in the state. In 2023, we drilled and completed approximately 30 net development wells throughout the state.
Visit our Investor Relations section for important information about drilling locations.
Learn more by downloading our CRC Snapshot brochure, available in English (PDF) and Spanish (PDF).