It is on the edges of the Kern Oil Fields discovered in the 19th century. Oil has been produced in California for over a hundred years. We do not disagree on that. Your little sniper says nothing that I didn’t already acknowledge. What has not been shown is anything productive from actual shale rock. Californians routinely do things against their own best interest. They shut down power plants. They institute new air resources board regulations. They block off shore drilling. They shut down existing sites.
You can hope all you want. The truth is the left in California will kill this off way before the bullet train gasps its last breath
Wrong. Venoco for example has been producing oil from the Monterey since the late 1990s. The flow rates don't match the believe potential, but it has been going on for a while.
Example:
http://investor.venocoinc.com/phoenix.zhtml?c=193733&p=irol-newsArticle&ID=1875709&highlight=
During the third quarter, Venoco successfully completed a well to a probable location in a separate geologic structure, known as Coal Oil Point, located to the northeast of Platform Holly in the South Ellwood field. The Coal Oil Point structure has two separate fault blocks. The well path of the probable well resulted in the intersection of the northern fault block in only the lowermost Monterey zone (M7), whereas the southern fault block was intersected in only the uppermost Monterey zone (M1). The well was completed in two sections, the first of which was in the northern fault block and was wet and the second of which was in the southern fault block and was successful. The well was on production for approximately 15 days prior to the annual maintenance shutdown at Platform Holly and produced at an average rate of approximately 220 barrels of oil per day over that period. Subsequent to the shutdown, production from the well declined to an average rate of approximately 100 barrels of oil per day.
By the numbers: How much Monterey Shale is being Produced?
http://www.kerngoldenempire.com/story/by-the-numbers-how-much-monterey-shale-is-being-produced/d/story/66ovvxdrt0WN39-hyrv8eQ
11/04/2013
According to the California Division of Oil, Gas and Geothermal Resources or DOGGR, oil companies have produced oil from the Monterey formation for years, including includes parts of the formation made of shale or dense rock.
17 News asked DOGGR what is currently being produced from Monterey shale in the Central Valley to find out how far along producers are into tapping into what could be a 15.4 billion barrel potential in the Monterey shale.
DOGGR could not give us that answer, saying the Division does not keep track of oil production by formation.
So 17 News decided to calculate the numbers on our own, calculating that last year only 1.6 million barrels of oil were produced from the Monterey Shale.
That’s 0.8 percent of the state’s total oil production (197,500,000 barrels in 2012, according to the Division of Oil, Gas, and Geothermal Resources).
Here’s how we calculated this number.
Searching through DOGGR field history data sheets, we isolated each field that has produced from the Monterey formation.
From there we identified the pool the field was producing from (Antelope, Stevens Sand, etc.). Then we identified which pools in the Monterey are shale, consulting California State University-Bakersfield geologist Janice Gillespie.
This is important because producers pull millions of barrels of oil from Stevens Sand, a pool in the Monterey formation but not shale.
Breakdown by individual play at the link: