California Oil & Gas Company E&B Invests In On-Site Solar
E&B Natural Resources Management Corp., an independent oil and gas company based in Bakersfield, Calif., is investing in solar to help run its oil production activities in Santa Barbara and Kern counties.
E&B says its solar initiative will result in a combined carbon dioxide emissions reduction of more than 700,000 metric tons over the 20-year life of the projects.
An integrated solar oil field operation consisting of a 23 MW photovoltaic facility will be constructed at the Poso Creek oil field in Kern County, co-owned by E&B and Grade 6 Oil LLC. In Santa Barbara County, E&B will deploy a 3 MW photovoltaic facility at its oil operation in New Cuyama.
The solar energy will displace traditional utility-supplied electricity. Project construction is expected to begin in the first half of 2019, with full implementation in 2020.
“E&B is committed to using the best technology available to the industry,” says Steve Layton, president of E&B. “By integrating solar technology into E&B’s oil and gas operations, these projects demonstrate that renewable energy and oil production together can provide Californians with a reliable source of low-cost and environmentally friendly energy.”
The Poso Creek Solar Project is projected to provide 20% to 50% of the company’s electricity site requirements for the next 20 years. The Poso Creek oil field was discovered almost a century ago in 1920, and E&B has had an ownership position in the field for almost 40 years.
The Cuyama Valley Solar Project is projected to provide 25% to 50% of the company’s electricity site requirements for the next 20 years. The oil field in the Cuyama Valley was discovered in 1948, and E&B took ownership in 2004.
“Environmental stewardship is a vital part of E&B’s operation,” adds Layton. “We hope that the Santa Barbara and Kern projects serve as a model to demonstrate how traditional and renewable technologies can work together to achieve a common goal.”