Operator
California Resources Corp.
Acquired in July 2019 by Colony Capital. The snapshot below reflects historical activity.
About
Exploration & Production
Acquisition chain
Forward & backward M&A lineage
- Alamo Pressure Pumping
- Nextier Oilfield Solutions
- Basic Energy Services Inc.
- Berry Corporation
- California Resources Corp. (this company)
- Colony Capital
Drilling activity
Recent rig presence by basin
Recent activity
CRC to Acquire Berry in All-Stock Combination, Building a Larger California-Focused Energy Leader
California Resources Corporation (CRC) and Berry Corporation announced a definitive agreement to combine in an all-stock transaction valuing Berry at approximately $717 million (inclusive of Berry net debt)....
California Resources Corporation First Quarter 2023 Results
California Resources Corporation announced first quarter 2023 results. Highlights Named Manuela (Nelly) Molina as the new Executive Vice President and Chief Financial Officer, effective May 8, 2023 (see...
California Resources Third Quarter 2022 Results
California Resources Corp. reported third quarter 2022 operational and financial results. Mac McFarland, CRC's President and Chief Executive Officer, said: "CRC's strong financial performance, coupled with our consistent...
California Resources Second Quarter 2022 Results
California Resources Corp. reported second quarter 2022 operational and financial results. The company also announced the formation of a joint venture with Brookfield Renewable, creating a carbon management...
2022 Guidance Growth: Several Operators Bolster Capex, Production Outlook
In response to the skyrocketing oil demand and D&C activity seen in 1Q22, several E&Ps have added additional capital to their 2022 budgets. A few E&Ps have also...
Latest news mentioning California Resources Corp.
Deals
California Resources Corporation (NYSE: CRC) announced a definitive agreement to acquire Berry Corporation (NASDAQ: BRY) in an all-stock…
California Resources said it will acquire Aera Energy, LLC in an all-stock transaction. The transaction values Aera at approximately $2.1…
California Resources Corp. and Colony Capital Inc. have formed a strategic joint venture in which Colony has committed to fund $320 million…
Royale Energy has entered into a joint venture with California Resources Corporation to drill 30 (drillCo) wells throughout the Rio Vista…
California Resources has acquired the remaining working, surface and mineral interests in the 47,000-acre Elk Hills field in the San…
Permits
No active permits
Operations transferred to Colony Capital. Live permits sit under the successor.
Assets
No asset records
Operations transferred to Colony Capital. Live acreage and lease records sit under the successor.
Capital raised
Regions of activity
No regional activity indexed yet
When Colony Capital files permits or discloses acreage tied to this entity, the regions show up here.