The PRC 421 Recommissioning Project was discontinued due to the Venoco lease quitclaim and bankruptcy on April 17, 2017. Venoco has quitclaimed the PRC 421 lease to the California State Lands Commission, effectively ending potential future oil and gas production from this lease and its associated facilities and returning operational control of these assets to the California State Lands Commission. California's Coastal Sanctuary Act prohibits the Commission from issuing new offshore oil and gas leases, so production cannot recommence without an act by the California governor and legislator. The California State Land Commission is currently in the process of plugging, abandoning, and decommissioning these facilities.
The PRC 421 Recommissioning Project was intended to return offshore State Oil and Gas Lease No. PRC 421 to oil production using an existing shoreline well (Well 421-2), which has been shut-in since 1994. The project would have recommissioned Well 421-2 using the existing pier (Pier 421-2), and decommissioned and removed a second well (Well 421-1), which is located on an adjacent pier (Pier 421-1). These wells straddle the City of Goleta’s and CSLC’s jurisdiction, and are located southeast of what is commonly known as Haskell’s Beach. Water and gas from crude oil emulsion extracted from Well 421-2 was proposed for processing at the existing Ellwood Onshore Facility in the City of Goleta. The Final EIR for this project was certified by the California State Lands Commission at their December 17, 2014 meeting.
For additional information on this project, please go to the California State Lands Commission website.