Aera Energy is one of California’s largest oil and gas producers, accounting for nearly 25% of the state’s production. Formed in June 1997 and jointly owned by affiliates of Shell and ExxonMobil, we are operated as a stand-alone company through our own board of managers. We are industry leaders that specialize in tapping heavy oil and other unconventional light reservoirs. With headquarters in Bakersfield, most of our production is centered in the San Joaquin Valley. We also have oil field operations in Ventura and Monterey counties.