California Resources 2026 Drilling and Carbon Capture Expansion
Sector: Oil and Gas • Location: California, Utah, United States
Source: Investing.com
California Resources Corporation plans to accelerate drilling activity by adding three rigs in the second half of 2026, targeting production growth. The company is also advancing its Elk Hills carbon capture and storage project, aiming to become a leader in commercial-scale CCS operations in California. Capital expenditures for 2026 are projected at $520-$560 million, with significant allocation t
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | California Resources Corporation plans to accelerate drilling activity by adding three rigs in the second half of 2026, targeting production growth. The company is also advancing its Elk Hills carbon capture and storage project, aiming to become a leader in commercial-scale CCS operations in California. Capital expenditures for 2026 are projected at $520-$560 million, with significant allocation to drilling, completions, workovers, facilities, and carbon management. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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