California is one of the most prolific oil and natural gas producing regions in the world and the seventh-largest oil producing state in the nation in 2021.
California Resources Corporation (CRC) has operations in the following major California oil and gas basins:

San Joaquin Basin
Comprises approximately 68 percent of CRC’s estimated proved reserves as of year-end 2021, including CRC's flagship Elk Hills Field near Bakersfield.
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Los Angeles Basin
Comprises approximately 29 percent of CRC’s estimated proved reserves as of year-end 2021, including the Wilmington Field in Long Beach.
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Sacramento Basin
Comprises approximately three percent of CRC’s estimated proved reserves as of year-end 2021, where we operate natural gas fields that supply the San Francisco Bay Area.
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