Aera Energy LLC is a natural gas, oil exploration and production company jointly owned by Shell and ExxonMobil headquartered in Bakersfield, California. In addition, Aera Energy LLC is a California limited liability company, and one of California’s largest oil and natural gas producers, with an approximate 2010 revenues of $4 billion. Aera is operated as a stand-alone company through its own board of directors. Most of Aera’s production is located in the San Joaquin Valley. The company also has oil field operations in Ventura and Monterey counties. Aera produces... approximately 148,000 barrels of oil and 42 million cubic feet of natural gas each day, and has proved oil and natural gas reserves equivalent to approximately 756 million barrels of oil. Aera produces about 30 percent of California’s oil and natural gas. Aera is the number one privately-held oil and natural gas company in the nation. The work force needs of Aera are provided by Aera Energy Services Company , a Delaware corporation. Aera and Aera Services employ more than 1,200 people and hundreds of contractor companies.
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