Sable Offshore (SOC) Kicks Off Oil Sales From Santa Ynez Pipeline System

Sable Offshore Corp. (NYSE:SOC) is an autarkic upstream institution focused connected processing the prolific Santa Ynez Unit successful national waters offshore California.

Sable Offshore Corp. (NYSE:SOC) announced that connected March 29, it had yet initiated lipid income from its Santa Ynez pipeline strategy successful California, marking a cardinal milestone successful the phased restart of accumulation crossed the Santa Ynez Unit. The institution revealed that Platform Harmony was already producing 22,000 gross barrels of lipid per time astatine the Unit.

Moreover, Sable Offshore Corp. (NYSE:SOC) besides unveiled plans to commence accumulation restart astatine Platform Heritage connected March 30, astatine an expected full complaint of much than 30,000 gross bpd. Meanwhile, the company’s 3rd asset, Platform Hondo, is besides expected to travel online by the extremity of Q2 2026, with projected output of much than 10,000 bpd. This volition instrumentality the full output from the Santa Ynez Unit to implicit 60,000 barrels per day.

Notably, Sable Chairman and CEO, Jim Flores besides revealed that the institution was commencing lipid income done the Santa Ynez Pipeline System to Chevron.

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