Offshore California
Our oil-producing California properties, also known as the Beta properties, include: two wellbore production platforms and one production handling and processing platform. The Beta properties also include the San Pedro Bay Pipeline Company, which owns and operates a 16- inch diameter oil pipeline that extends approximately 17.5 miles from one of the Beta platforms to the Beta pump station located onshore at the Port of Long Beach, California, and an onshore tankage and metering facility. Our Beta properties contained 20 MMBbls of estimated net proved oil reserves as of December 31, 2019.