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Los Angeles Basin has little untapped oil left: USGS
The United States Geological Survey (USGS) has released new estimates indicating that the historic Los Angeles fossil fuel production basin holds very limited amounts of untapped oil and gas resources. The findings suggest that only 61 million barrels of oil remain technically recoverable in this region, which is a mere 0.68 percent of the colossal quantities already extracted.
To put these numbers into perspective, it’s essential to consider the region’s history of fossil fuel exploration, which began over 130 years ago in the 1880s. Since then, approximately 9 billion barrels of oil have been produced or discovered within the basin – an amount equivalent to the United States’ current annual consumption in about 14 months.
According to Sarah Ryker, the acting director of the USGS, “almost 150 years since exploration began, the Los Angeles Basin has little remaining undiscovered oil.” This stark reality highlights the urgency for policymakers and industries to transition away from fossil fuels and toward alternative energy sources.
On the topic of natural gas availability, the USGS assessments indicate that roughly 240 billion cubic feet of this resource remain available. In contrast, historical data reveals that around 504 billion cubic feet have been produced from the basin since the late 1970s.
The Los Angeles Basin spans the coastal plain and waters of Los Angeles: extending north to the Santa Monica Mountains, east to the Angeles National Forest and the foothills of the Sierra Nevada Mountains, as well as east and south into much of Orange County.
Source: https://thehill.com/changing-america/sustainability/5240962-los-angeles-oil-gas/
