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Berry Petroleum: A Mineral Owner's Guide

What mineral owners need to know about this Kern County thermal oil specialist.

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Company Overview

Headquarters: Bakersfield, California

Stock Ticker: NASDAQ: BRY

Company Type: Independent E&P

Operating Area: Kern County, California

Specialty: Thermal heavy oil

Recovery Method: Steam flood EOR


Berry Petroleum (NYSE: BRY) is an independent oil and gas company specializing in thermal heavy oil production in California. The company has deep expertise in steam flood enhanced oil recovery (EOR), which is essential for producing the thick, heavy crude oil found in many Kern County fields.

Unlike light oil operations in places like the Permian Basin, Berry's thermal operations require continuous steam injection to heat the reservoir and allow heavy oil to flow. This specialized approach requires significant ongoing investment but allows production from fields that have been producing for over a century.

Primary Operating Areas

Kern County, California

Berry operates exclusively in California's San Joaquin Valley, focusing on thermal heavy oil fields:

Midway-Sunset Field - Largest California field

McKittrick Field - Western Kern County

South Midway Field - Heavy oil focus

Various diatomite fields

What Mineral Owners Should Know

Advantages

Thermal expertise: Specialized in heavy oil production

Local presence: Bakersfield headquarters

Long field life: EOR extends production for decades

Considerations

Heavy oil discount: Lower prices than light crude

California regulations: Challenging environment

Mature fields: Natural production declines

Owner Relations Contact

Phone: 1-661-616-3900

Mail: Berry Corporation, 1999 Broadway, Suite 3700, Denver, CO 80202

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Related Resources

Disclaimer: This information is for educational purposes only and is not affiliated with or endorsed by Berry Petroleum.

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