Venoco: Drill more now, finish early | Pacific Coast Business Times

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Venoco offers early end to offshore oil drilling if it can drill more now

By Alex Kacik / Friday, September 23rd, 2016 / Comments Off on Venoco offers early end to offshore oil drilling if it can drill more now

Venoco’s Platform Holly has been shut-in since the May 2015 Refugio oil spill. Venoco has proposed to bring an early end to its offshore oil and gas production if the company’s Lease Line Adjustment Project to drill more oil sooner is approved. Denver-based Venoco, which has significant operations in Santa Barbara County, proposed on Sept.…

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