Safe.
Affordable.
Reliable.
Leaders in California’s oil and gas industry for more than 25 years.
With over a quarter-century of experience, Aera Energy’s experts are uniquely positioned to innovate for the future, while powering Californians with the responsibly produced energy they rely on. Join the energy conversation, as we put innovative ideas into practice by combining our technical know-how and capabilities to power Californians’ every-day lives and help the state meet its ambitious climate goals.
Pioneering a new energy future.
Better to Innovate
than Import
Responsible, innovative, domestic producer with no tanker required.
Safe, Proven Carbon
Capture & Storage
Working to develop a critical technology for a lower-carbon energy future that is safe and effective.
Coexistence
Renewables and oil & gas to power a reliable, innovative energy future for California.
Oil & Gas, the California Way
Safe and responsible operations, meeting or exceeding stringent regulations from 30+ federal, state, and local regulators.
An Economic Driver
California’s oil & gas industry supports 365,970 jobs, $21.5 billion in annual state and local taxes and $152.3 billion in annual economic output.*
What leading scientists say about carbon capture & storage:
“Considerable experience with the injection of CO2 for EOR, underground storage of natural gas, and continuous monitoring at several large-scale CCS injection projects around the world indicates that CO2 injection is expected to be safe.”
“Carbon capture and sequestration (CCS) is an important strategy to reduce greenhouse gas (GHG) emissions and mitigate climate change. Studies by the Intergovernmental Panel on Climate Change (IPCC) and the California Council on Science and Technology (CCST) have shown that CCS has the potential to reduce carbon emissions by millions of metric tons and may be an integral part of meeting California’s long term climate goals.”
“To reach its ambitious goal of economy-wide carbon neutrality no later than 2045, California will have to capture, transport, and geologically store tens of millions of tons of carbon dioxide (CO2) per year. The needed technologies are available today and have been successfully demonstrated at multiple U.S. and international sites; California will need to host several of these carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects to achieve its climate goals.”
“CCS is a commercially ready, clean energy technology that is growing globally. Globally, as of September 2020, there were 61 large-scale CCS facilities that were either operational, in advanced development or in early development. California could become a global leader in CCS development and deployment to achieve its climate goals as it has with other clean energy technologies.”
*SOURCE: Los Angeles County Economic Development Corporation: Oil & Gas in California: The Industry, Its Economic Contributions and User Industries at Risk, 2019 Report
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