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Aera Energy: A Mineral Owner's Guide

What mineral owners need to know about this former Shell-ExxonMobil California joint venture, now part of CRC.

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Quick answer

Aera Energy is one of California's largest oil and gas producers, operating in the San Joaquin Valley. If you own mineral rights or royalties under Aera-operated wells, Buckhead Energy makes a free written offer to buy your interest directly.

Names you may see on your royalty check

Royalties from Aera Energy may arrive under any of these payor names — subsidiaries, operating companies, or acquired/legacy operators. If a name on your check stub or 1099 matches one below, this is your operator:

Aera Energy LLC California Resources Corporation

Buckhead Energy is an independent mineral & royalty buyer and is not affiliated with, endorsed by, or representing the operators named here. Names are listed only to help owners identify their payor.

Company Overview

Headquarters: Bakersfield, California

Ownership: Now part of California Resources Corporation (CRC)

Company Type: Formerly a Shell-ExxonMobil joint venture

Operating Area: San Joaquin Valley, California

Status: Major California producer

Formed: 1997


Aera Energy was formed in 1997 as a joint venture of Shell and ExxonMobil, combining the California operations of both companies, and became one of the largest oil and gas producers in California. Aera is now part of California Resources Corporation (CRC).

Aera's own contact page now shows CRC's pages, so the owner contacts below are CRC's.

Now Part of CRC

Aera Energy, formerly a Shell-ExxonMobil joint venture, is now part of California Resources Corporation (CRC).

Primary Operating Areas

San Joaquin Valley (Kern County)

Aera operates some of California's largest and most prolific oil fields:

Belridge Field - One of California's largest fields

South Belridge - Heavy oil production

Coalinga Field - Western Kern County

Multiple legacy fields - Steam flood operations

Aera's operations primarily involve enhanced oil recovery (EOR) techniques, particularly steam flooding, to extract heavy crude oil from mature California fields. These fields have been producing for decades and require significant ongoing investment to maintain production.

What Mineral Owners Should Know

Advantages

Part of CRC: Owner relations through California Resources Corporation

Financial stability: Resources to maintain mature fields

Bakersfield headquarters: Local presence in operating area

Reliable payments: Major-company payment systems

Considerations

Mature fields: Production generally declining over time

California regulations: Challenging operating environment

Heavy oil: Price discounts compared to light crude

Owner Contact: California Resources Corporation (CRC)

Note: Aera Energy is now part of CRC; Aera's contact page shows CRC's owner contacts.

Phone: 1-855-272-5519

Email: [email protected]

Online account access: www.energylink.com

Mail (correspondence only): Attn: Land Administration, 9600 Ming Avenue, Bakersfield, CA 93311

Source: California Resources Corporation's Contacts, Forms and Documents page.

Frequently Asked Questions

Aera Energy was formed in 1997 as a joint venture of Shell and ExxonMobil and operates in California's San Joaquin Valley. Aera is now part of California Resources Corporation (CRC).

Aera Energy was formerly a joint venture of Shell and ExxonMobil. It is now part of California Resources Corporation (CRC), and Aera's contact page now shows CRC's owner contacts.

Aera operates exclusively in California's San Joaquin Valley, primarily in Kern County. Major fields include Belridge, Coalinga, and South Belridge - some of California's largest and most prolific oil fields.

Considering Selling Your California Minerals?

Buckhead provides a free written offer. Our offer comes at no cost and no obligation.

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Related Resources

Disclaimer: This information is for educational purposes only and is not affiliated with or endorsed by Aera Energy. Contact information and company details may change.

Key Takeaways

  • Complete guide to Aera Energy for California mineral owners. Learn about this former Shell-ExxonMobil joint venture, now part of CRC, in the San Joaquin Valley.
  • Buckhead Energy is a direct buy-side firm; sellers pay no broker commissions, listing fees, or auction premiums.

Compare Aera Energy vs. peers by wells operated

Aera Energy vs. California Resources Corporation (CRC) →

Aera Energy vs. Chevron →

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Buckhead Energy buys mineral and royalty interests across all 50 states and has completed acquisitions in 33 states. Buckhead Energy is a direct buyer, not a broker — we purchase mineral and royalty interests with our own capital. Buckhead Energy has been buying mineral and royalty interests since 2006. Buckhead Energy holds an A+ rating with the Better Business Bureau.

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