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 2019.
California Resources Corporation (CRC) has operations in each of California’s four major oil and gas basins:

San Joaquin Basin
Comprises approximately 65 percent of CRC’s estimated proved reserves as of year-end 2019, including CRC's flagship Elk Hills Field near Bakersfield.
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Los Angeles Basin
Comprises approximately 26 percent of CRC’s estimated proved reserves as of year-end 2019, including the Wilmington Field in Long Beach.
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Ventura Basin
Comprises approximately seven percent of CRC’s estimated proved reserves as of year-end 2019.
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Sacramento Basin
Comprises approximately two percent of CRC’s estimated proved reserves as of year-end 2019, where we operate natural gas fields that supply the San Francisco Bay Area.
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