Monterey Shale
🛢️ OilUpdated 7/1/2026
California
The Monterey Shale in California contains significant oil resources but faces development challenges.
Limited Data Available
Some metrics for this basin are estimates based on regional trends. We're working to add real-time data from official sources.
Oil Production
50.0K
bbl/day
1.4% YoY
Gas Production
1.00B
Mcf/day
1.4% YoY
Active Rigs
29
rigs
-0.7 WoW
DUC Wells
200
wells
+9.4 MoM
Production Trends
The Monterey Shale currently produces 50.0K barrels of oil per day, representing approximately 0.4% of total U.S. production. The basin has shown consistent growth over recent months, driven by improved drilling efficiency and favorable market conditions.
Top Operators
Chevron
#1
Aera Energy
#2
California Resources Corporation
#3
Berry Petroleum
#4
Key Formations
Monterey
Primary target for oil production
Kreyenhagen
Primary target for oil production
Recent Monterey Shale Updates
Monterey Shale Production Reaches New Heights
6/30/2026Recent drilling activity in the Monterey Shale shows promising results with increased efficiency.
Source: Energy Daily
Major Operators Expand Monterey Shale Operations
6/29/2026Chevron announces expanded drilling program targeting key formations.
Source: Oil & Gas Journal
Technology Advances Drive Monterey Shale Efficiency
6/28/2026New drilling techniques reduce costs and improve production rates.
Source: Drilling Contractor