Aera Energy

  • Company

As a California company, Aera holds the values of Californians: we strive to innovate, we celebrate productivity, and advocate for the preservation of our beautiful state. At Aera, we care about providing energy for California and prosperity for Californians.

Since Aera was founded in 1997, we are proud of our superior safety record. We will continue to lead the way in the safest, most environmentally friendly oil production there is, just like California leads the world in cutting edge technology. We prioritize investment in technologies and processes to ensure we are extracting natural resources in a way that is safe for our communities and the environment.

Aera accounts for about 25% of the state’s oil production. The oil we produce enables millions of Californians to travel to work every day, allows businesses to grow and thrive, and helps California-grown food to arrive at dinner tables.

We live in the communities where we work--Kern, Ventura, Monterey and Fresno counties.

And just like our neighbors’ safety is our safety, their success is also our success. We’re not only proud to support local communities through providing jobs; we’re proud of our partnerships with community organizations and our investments in building stronger neighborhoods and cities together.

Together we can innovate to bring about a clean energy economy, and Aera is committed to keeping California running until we realize that future. California is powered by oil. Aera is powered by safety, innovation and community.

We welcome and respect different opinions that lead to open conversations in our online communities. In the spirit of constructive public discussions, we will delete and/or flag as inappropriate any comments that are profane, inflammatory, hateful, promote products/services or don't contribute to the broader discussion. Please help us keep the discussion respectful and productive.


Name

Aera Energy

Description

Aera Energy is a natural gas, oil exploration and production company started as a joint venture between Shell plc (through Shell USA) and Mobil (which later merged to form ExxonMobil). Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company and one of California's largest oil and natural gas producers, with an approximate 2015 revenues of over $2 billion. Aera is operated as a stand-alone company through its board of managers. In August 2022, IKAV, a European investment company, announced it was buying Aera from Shell and ExxonMobil.

Avatar

Cover

Industry segments

Location

Bakersfield, California. USA

Operation