Sunday, March 1, 2020

CLR's February, 2020, Presentation Posted

Link here.

Slide 11, average well performance; production first 12 months:
  • 2017, 133 wells: approaching 250,000 boe
  • 2018, 160 wells: approaching 280,000 boe
  • 2019, 172 wells: approaching 280,000 boe
  • 2020E, 175 wells: approaching 280,000 boe
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Key California Reservoir To Be Drained
Earthquake Risk

This was published a few days ago. I thought I had posted it but cannot find it.

From The Mercury News:
In a dramatic decision that could significantly impact Silicon Valley’s water supply, federal dam regulators have ordered Anderson Reservoir, the largest reservoir in Santa Clara County, to be completely drained starting October 1, 2020.

The 240-foot earthen dam, built in 1950 and located east of Highway 101 between Morgan Hill and San Jose, poses too great of a risk of collapse during a major earthquake, the Federal Energy Regulatory Commission, which regulates dams, has concluded.
“It is unacceptable to maintain the reservoir at an elevation higher than necessary when it can be reduced, thereby decreasing the risk to public safety and the large population downstream of Anderson Dam,” wrote David Capka, director of FERC’s Division of Dam Safety and Inspections, in a letter to the Santa Clara Valley Water District on Thursday.
Anderson Reservoir is owned by the Santa Clara Valley Water District, a government agency based in San Jose. When full, it holds 89,278 acre feet of water — more than all other nine dams operated by the Santa Clara Valley Water District combined.
FERC's parent agency: the US Department of Energy. SecEnergy, former Texas governor, Rick Perry, March 2, 2017 - December 1, 2019. Dan Brouillette is the incumbent and was the deputy to Mr Perry.

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