First commercial production in 1928, the field produces from stacked pay in the Etchegoin & Chanac Formations.
Hathaway acquired its original interest from Crimson Resources and California Resources Corporation in 2014, in an underdeveloped portion of the field.
Obtained one of the first UIC Aquifer Exemption permits ever awarded in the State of California. This unprecedented accomplishment was a two-year long process and covers the entire Santa Margarita Formation in the Fruitvale Field.
Hathaway drilled two wells at the KCL lease in 2014 – 1st drilling program on lease since 1953; conducted workover program at KCL in 2014 RTP three wells, converted one well to water disposal. Production increased from zero to approximately 50 bopd.
Hathaway obtained the exclusive right to lease an additional 640 acres in the field in 2015.
Proposed development program includes approximately 130 vertical/directional wells and 4-10 horizontal wells (contingent on vertical drilling results).
