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As CRC Prepares to Buy Aera, New Law to Stem Orphan Wells Faces its First Test

  • DeSmogBlog faviconDeSmogBlog

    By Joe FasslerMar 18, 2024, 4:25 pm193 pts
    photo of As CRC Prepares to Buy Aera, New Law to Stem Orphan Wells Faces its First Test imageLast month, the California Resources Corporation (CRC), already the largest gas producer in the Golden State, announced a plan to get even bigger: It would acquire competitor Aera Energy, California’s second-largest oil producer behind Chevron. Both companies already operate thousands of extraction sites in…
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