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The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 20 (1936)

Issue: 7. (July)

First Page: 939

Last Page: 950

Title: Recent Discoveries and Present Oil Supply in California

Author(s): Harold W. Hoots (2)

Abstract:

Demand for California crude requires the production of about 200,000 barrels annually. Discoveries during the last 4 years have added only an estimated 135,000 barrels to the reserve supply. Present producing areas, if curtailment is entirely successful, will yield oil at a rate adequate for expected demand until about 1939. It is estimated that all resources of the state, including present shut-in production, will be required to meet the demand in 1940 unless important new discoveries be made. The discovery of suspected deep zones may delay a shortage of oil until 1943-45. New fields are becoming increasingly desirable and may be expected to alleviate or further delay actual shortage.

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