
Sable Offshore Corp.'s Harmony platform. (Source: Sable Offshore)
A decade-long work stoppage for an oil platform off the California coast has ended, according to an announcement on May 19.
Houston's Sable Offshore Corp. (SOC) restarted oil production at the Santa Ynez Unit on May 15 after the company began flowing oil to its Las Flores Canyon processing facility.
In 2015, a pipeline leak at the platform was problematic enough that then-owner Exxon Mobil chose to shut down the unit. Sable eventually purchased the facility.
In October 2024, Sable announced that the repair project was about two-thirds complete. Most recently, on May 19, Sable said production is flowing from six wells at the unit at an average 6,000 bbl/d.
Sable said well performance has exceeded pre-closure benchmarks, with about 30% of Platform Harmony's 32 producing wells tested so far. Harmony is one of three platforms in the Santa Ynez unit. The other two platforms are expected to come online by August.
“The impressive well tests from Platform Harmony confirm the prolific nature of the Santa Ynez Unit reservoir after being dormant for ten years,” said Sable Offshore CEO Jim Flores. “SOC is excited about our development plan and prospects for the future.”
Recommended Reading
What's Affecting Oil Prices This Week? (March 31, 2025)
2025-03-31 - For the upcoming week, Stratas Advisors predict that the price of Brent crude will move sideways and struggle amid concerns and uncertainties about the impact of the tariffs imposed by the Trump Administration.
What's Affecting Oil Prices This Week? (May 12, 2025)
2025-05-12 - U.S. officials said on May 11 that a deal had been made to reduce the U.S. trade deficit with China. While all the details may not be established, oil prices will get another boost from this “deal”.
Jury Sides with Marathon in $123.7MM Force Majeure Case
2025-05-07 - At the peak of Winter Storm Uri between Feb. 15 and Feb. 20, 2021, Marathon faced a force majeure event in fulfilling its supply contract with Koch Energy Services.
Oman Government, Amigo LNG Sign Long-Term Supply Deal
2025-04-30 - Oman’s commodity trading business, OQ Trading, has signed a 15-year LNG sales and purchase agreement with Amigo LNG, the Mexico subsidiary of Singapore’s LNG Alliance.
Kinder Morgan Sees Strong Gas Market, Despite Political Noise
2025-04-17 - Kinder Morgan is undeterred by “perceived ups and downs” in the natural gas market, said Executive Chairman Rich Kinder during the company’s first earnings call of 2025.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.