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State Lands Commission seeks $12.5 million to complete Rincon decommissioning; estimated total cost $22.5 million
Summary
The State Lands Commission requested $12.5 million to complete decommissioning and remediation at the former Rincon Island oil facility after a prior operator's bankruptcy left the state responsible; the commission said it has already plugged 77 wells and prepared an environmental impact report.
The State Lands Commission requested $12.5 million in Prop 4 funding to help complete decommissioning work at the former Rincon Island oil and gas facility in Ventura County, bringing the project's estimated total to roughly $22.5 million.
State Lands Commission staff told the subcommittee the commission became responsible for the site after the former operator declared bankruptcy and abandoned leases. Since then the commission has plugged and abandoned 77 wells and prepared an environmental impact report describing the decommissioning and remediation required for the island, the onshore facility and the connected…
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