0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016

Oil (bpd)

Gas (Mcfpd)

Water (bpd)

Water Injection (bpd)

0

0.5

1

1.5

2

2.5

3

1968 1976 1984 1992 2000 2008 2016

Oil (Bbbls)

Gas (Tcf)

Water (Bbbls)

Water Injection (Bbbls)

0

20

40

60

80

100

120

1963 1973 1983 1993 2003 2013

Wel

ls D

rille

d

Development Wells

Exploratory Wells

$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

$4,000

$4,500

$5,000

$0

$100

$200

$300

$400

$500

$600

$700

$800

$900

$1,000

FY2006 FY2008 FY2010 FY2012 FY2014 FY2016

Mill

ion,

Fed

eral

OCS

Mill

ion

POCSR

New Mexico

Wyoming

California - Onshore

North Dakota

Colorado

Fe deral OCS (r igh t axis)

POCSR Oil Royalty Compared to Onshore Federal Oil Royalty from States

Cumulative POCS Production Through December 2016

Use secondary axis

Number of Wells Drilled

POCS Daily Production Through December 2016

POCSR PRODUCTION and DEVELOPMENT STATISTICS » August 2017

Existing Active Leases (CY 2016) 43Leases with Producing Wells (CY 2016) 36Leases with Allocated Production (CY 2016) 7Total Oil and Gas Wells Drilled (as of 8/2/2017) 1582Total Development Wells Drilled 1231Total Exploration Wells Drilled *includes 2 strat test wells 351New Development Wells (CY 2016) 1Total Injection Wells (CY 2016) *85 completions with injection 80Dual Completion Wells (CY 2016) *5 dual inj and 3 inj/prod 8Producing Completions (CY 2016) *1 gas 306No. of Platforms 23No. of Fields with Active Waterflood Programs 8Water injected (CY 2016) 61.8 MMbblGas injected for reservoir support (CY 2016) (SYU) 0 McfGas injected for storage (CY 2016) (Sockeye Field) 539 Mcf - Sockeye well E001 is has both gas injection and gas production --Platform in Deepest Water (Harmony) 1,198'Longest Extended Reach Well (SA-16) 37,160' MD

- Platform Heritage (6.36 miles laterally to well at TD) --Total Royalty from POCS Leases (FY 16) $32.8 MMRoyalty shared w/CA via 8(g) (FY 16) $1.6 MMNo. of Active LACT Meters (2016) 18No. of Active Gas Sales Meters (2016) 7Miles of Federal Pipeline 208Oil Spilled (CY 2016) 1.03 bblCum. Oil Spilled 1970-2016 921.26 bbl

REGIONAL OVERVIEW

Field Unit Field Remaining Oil Remaining Gas Platform Platform Platform Current

Name Name Major Reservoirs Mbbl MMcf (Install) WD', $* Number of SlotsProducing

Wells Operator Mbbl , MMcf Mbbl , MMcf , Mbbl bpd , Mcfpd , bpd

Beta (H2O) Beta Edith ('83) 161', $30 70 14 DCOR 9,768 / 6,618 146 / 56 / 363 401 / 153 / 996

Ellen ('80) 265', $42 80 31 Beta Offshore 48,725 / 16,328 852 / 237 / 2,288 2,333 / 650 / 6269

Elly ('80) 255', $25 -- 0 Beta Offshore 0 / 0 0 / 0 / 0 0 / 0 / 0

Eureka ('84) 700', $121 60 30 Beta Offshore 44,208 / 10,024 929 / 216 / 2,634 2,544 / 592 / 7217

Carpinteria (H2O) N/A Henry ('79) 173', $22 24 20 DCOR 19,984 / 15,014 122 / 74 / 516 335 / 202 / 1414

Hogan ('67) 154', $38 66 13 POOL 21,193 / 22,174 93 / 177 / 1,256 254 / 486 / 3441

Houchin ('68) 163', $36 60 15 POOL 31,357 / 23,771 109 / 151 / 948 300 / 413 / 2599

Dos Cuadras (H2O) N/A A ('68) 188', $36 57 29 DCOR 104,089 / 57,489 288 / 594 / 7,472 789 / 1628 / 20472

B ('68) 190', $33 63 31 DCOR 81,010 / 50,774 255 / 515 / 7,365 699 / 1410 / 20179

C ('77) 192', $28 60 25 DCOR 19,053 / 10,696 158 / 181 / 1,779 432 / 497 / 4874

Hillhouse ('69) 190', $32 60 31 DCOR 65,782 / 43,854 197 / 285 / 2,695 540 / 782 / 7382

Hondo (H2O)1 Santa Ynez Harmony ('89) 1198', $184 60 0 ExxonMobil 123,138 / 263,930 0 / 0 / 0 0 / 0 / 0

Hondo ('76) 842', $100 28 0 ExxonMobil 189,846 / 425,510 0 / 0 / 0 0 / 0 / 0

Hueneme Pt. Hueneme Hueneme, Sespe 432 453 Gina ('80) 95', $17 15 5 DCOR 12,094 / 11,033 105 / 219 / 1,136 287 / 599 / 3112

Pescado (H2O)1 Santa Ynez Monterey 35,902 78,057 Heritage ('89) 1075', $174 60 0 ExxonMobil 146,518 / 225,576 0 / 0 / 0 0 / 0 / 0

Pitas Point Pitas Point Repetto 1 6,523 Habitat ('81) 290', $34 23 0 DCOR 209 / 232,734 0 / 0 / 0 0 / 0 / 0

Pt. Arguello1 Pt. Arguello Harvest ('85) 675' $100 50 0 FMOG 86,456 / 99,922 0 / 0 / 0 0 / 0 / 0

Hermosa ('85) 603', $91 48 0 FMOG 75,727 / 54,586 0 / 0 / 0 0 / 0 / 0

Hidalgo ('86) 430', $74 56 0 FMOG 25,822 / 20,552 0 / 0 / 0 0 / 0 / 0

Pt. Pedernales (H2O) Pt. Pedernales Monterey 7,715 4,780 Irene ('85) 242', $37 72 15 FMOG 98,286 / 35,500 1,471 / 557 / 24,046 4,030 / 1527 / 65880

Rocky Point1 N/A Monterey, Sisquoc 18,188 12,713 Hidalgo ('86) 430', $74 56 0 FMOG 2,812 / 2,287 0 / 0 / 0 0 / 0 / 0

Sacate1 Santa Ynez Monterey 74,748 62,145 Heritage ('89) 1075', $174 60 0 ExxonMobil 47,902 / 48,089 0 / 0 / 0 0 / 0 / 0

Santa Clara (H2O) Santa Clara Gilda ('81) 205', $59 96 23 DCOR 39,046 / 48,430 707 / 500 / 1,657 1,937 / 1371 / 4540

Grace ('79) 318', $43 48 1 Venoco 8,964 / 22,676 32 / 49 / 124 89 / 135 / 340

Sockeye (H2O) Santa Clara Monterey, Topanga 4,830 7,681 Gail ('87) 739', $103 36 22 Venoco 47,902 / 100,119 678 / 686 / 18,167 1,857 / 1881 / 49774

Tranquillon Ridge Tranquillon Ridge Monterey -- -- Irene ('85) 242', $37 72 1 FMOG 211 / 544 1 / 1 / 664 2 / 3 / 1818

TOTAL 8 Units 274,577 520,156 23 Platforms 1,192 306 6 Operators 1,350,099 / 1,848,231 6,143 / 4,499 / 73,112 16,829 / 12,326 / 200,307

(H2O) Denotes fields with active waterflood. H2S fields are in red. Platforms shaded in gray denotes presence of drilling rig. $* Decommission Cost (million USD), (Source: Decomissioning Cost for Pacific OCS Region Facilities Final Report, Oct 2016), Production Query on 8/2/2017

Repetto, Monterey, Sespe 4,694 5,792

1 Lines 901 and 903 have been out of service since May 19, 2015 temporarily halting production of approximately ~33,000 bbl/day and ~65,000 mcf/day in the Pacific Region.Reserves reclassification under the SPE/AAPG/WPC Petroleum Resource Management System - Current POCSR remaining oil and gas are "proved reserves only."

Remaining reserves data is based on the 2014 FRRE Report (dated 9/2/2015) minus production data from January 2015-December 31, 2016 with the exception of Pt. Arguello (Pt. Arguello Study) and Santa Clara and Pt. Hueneme (BSEE Reservoir Development).

Monterey, Vaqueros 79,702 301,770

Monterey 25,058 21,554

Repetto, Pico 1,591 1,559

Repetto 10,187 13,284

Puente 11,529 3,845

Production and Reserves Data as of January 1, 2017 2016 Calendar Year ProductionCum Oil/Gas Yearly Oil/Gas/Water Avg. Daily Oil/Gas/Water

OPD STAFF & RESPONSIBILITIESSale Date Tracts Beta - 296, 300, 301, 306 (35) Rocky Pt. - 451* (53)

PH 12/15/61 6 Carpinteria - 166 (P3) , 240 (P4)

P1 5/14/63 57 Dos Cuadras - 240, 241 (P4) Note: Leases held by allocation

P2 10/1/64 101 Hondo - 180, 181, 187, 188, 189, are in red. Leases

P3 12/15/66 1 190, 191 (P4) , 329 (48) , 461* (68) containing more than one

P4 2/6/68 71 Hueneme - 202, 203 (P4) producing field are in bold.

35 12/11/75 56 Pescado - 182, 183, 194 (P4) , 326* (48) 8(g) Leases marked with asterisk.

48 6/29/79 54 Pt.Arguello - 315*, 316* (48) , 450*, 451* (53)

53 5/28/81 60 Pt.Pedernales - 437*, 438*, 440*, 441* (53)

68 6/11/82 29 Pitas Pt. (gas only)- 234 (P4) , 346 (48)

RS2 8/5/82 10 Sacate - 192, 193, 194, 195 (P4) , 326* (48)

73 11/30/83 8 Santa Clara - 215, 216, 217 (P4)

80 10/17/84 23 Sockeye - 204, 205, 208, 209 (P4)

476 Tranquillon Ridge - 441*, 444* (53)$3,951,779,024

$417,312,141

$572,825,418

POCS LEASE SALE HISTORY 43 Active Producing Leases (Lease Sale) Value

$122,000Mayerson - geologist (x6358): Regional Supervisor Kurtz - geologist (x6359): Reservoir Development Section Chief, recruitment Sinkula - reservoir engineer (x6366): Measurement Enforcement and Data Analysis Section Chief Bain - engineer (x6376): Hueneme, APD/APM tracking, TIMS inspection data*, unitization, APO coordination, measurement verification, eWell and eInspection implementation, suspensions, flaring, royalty reliefBaver - geophysicist (805-419-5890): Production accounting and measurement verification*, ArcGIS Dame - geophysicist (x6353): Santa Ynez Unit, Beta Unit, Alaska OCS fields, geohazards*, computer mapping, field studies, GIT software, contracting officers rep. Darling- (x6357): travel, time and attendance, measurement inspection and verification Detring - geologist (x6369): Dos Cuadras Field, Carpinteria Field, Hueneme Unit, Santa Clara Unit, Alaska OCS fields, computer mapping, well log analysis, field studiesKadkhodayan - engineer (x6309): lead engineer for all fields except Hueneme, OFM, APD/APM review*, rate control, reserves, downhole commingling, well tests, gas storage monitoring, enhanced oil recovery, royalty relief* Richards - geophysicist (x6314): Pt. Arguello Unit, Pt. Pedernales Unit, Tranquillon Ridge Unit, Rocky Pt. Field, Pitas Pt. Unit, Alaska OCS fields, geohazards, computer mapping, field studiesRozek - geographer (x6367): POCSR and AKOCSR GIS mapping*, cost recovery, AIS analysis, TIMS basemap CUAT, contracting officers rep.

*Project Lead

$2,088,881,824

$117,875,281

$4,369,472

$16,022,336

$12,807,337

$35,533,701

$21,189,000

$602,719,262

$62,121,252TOTAL (12 Sales)

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ù

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State Waters

Point Pedernales

Rocky Point

Goleta#

Naples#

Capitan#

Government Point

Castle Rock Prince Island

VENOCOEllwood Plant

CINMS

Santa Barbara Oil and Gas Sanctuary

SHIPPING LANES

S a n t a B a r b a r a C o u n t yS a n t a B a r b a r a C o u n t y

V e n t u r a C o u n t yV e n t u r a C o u n t y

Y= 807,840'

Y= 776,160'

Y= 760,320'

X= 70

1,600

m

X= 70

6,400

m

To Bakersfield

Buffer Zone

Federal Ecological Preserve

X= 71

1,200

m

X= 84

3,680

'

X= 85

9,520

'

X= 71

6,000

m

X= 79

6,160

'

X= 81

2,000

'

X= 74

8,640

'

X= 78

0,320

'

X= 76

4,480

'

X= 97

0,400

'

X= 98

6,240

'

X= 1,

002,0

80'

X = 82

7,840

'

X= 1,

017,9

20'

X= 1,

033,7

60'

X= 1,

049,6

00'

X= 1,

081,2

80'

X= 1,

097,1

20'

X = 1,

065,4

40'

Y= 855,360'

Y= 792,000'

Y= 744,480'

Y= 728,640'

Y= 712,800'

Y= 823,680'

Y= 3,840,000m

Y= 3,820,800m

Y= 3,825,600m

Y= 3,835,200m

Y= 3,830,400m

Point Sal

Point Mugu

Point Dume

Pitas Point

Wilson Rock

Goleta Point

Purisima Point

Point Arguello

Richardson Rock

Point Conception

Lompoc

Oxnard

Ventura

Camarillo

Santa Maria

Carpinteria

Port Hueneme

Santa Barbara

C B A

Gail Gina

Irene

Henry

Grace Gilda

Hondo

Hogan

Hidalgo

Hermosa

Harvest

Habitat

Harmony

Houchin

Heritage

Hillhouse

Holly

DCOR Rincon Plant

DCORMandalay

Plant

VENOCO Carpinteria Plant

ARGUELLO INC Gaviota Plant

Freeport McMoRan Oil & Gas, LLC/ Lompoc Oil and Gas Plant

EXXONMOBIL Las Flores Canyon Plant

PACIFIC OPERATORS OFFSHORELa Conchita Plant

188

182

240

204

208

191

461

209

329

215

183 180181

346 234

205

216

203

217

195

440

241

187

441

437 438

451450

444

315 316

192 189193

194 326 190

202

166

1824

31333150

7911 4274000

421

3314

3242

3120

1466145

735

410

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USAF Vandenberg Air Force Base

Pitas Point Unit

118°40'0"W118°50'0"W119°0'0"W119°10'0"W119°20'0"W119°30'0"W119°40'0"W119°50'0"W120°0'0"W120°10'0"W120°20'0"W120°30'0"W120°40'0"W120°50'0"W

35°0'0"N

34°50'0"N

34°40'0"N

34°30'0"N

34°20'0"N

34°10'0"N

34°0'0"N

33°50'0"N

33°40'0"N

33°30'0"N

!

!

!

!

!

OxnardVentura

Los Angeles

Santa Barbara

Point Sal

Point Buchon

Point Arguello

Point Conception

Long Beach

Santa Rosa Island

San Miguel Island

Santa Cruz IslandAnacapa Island

Pacific OCS Operations MapSan Pedro Bay Inset Map

C a l i f o r n i aC a l i f o r n i aµ

I n d e x M a pI n d e x M a p

µ Pacific Ocean

State Waters

State Waters

To Lompoc Oil and Gas Plant

0 5 10 15 202.5Miles

0 10 20 30 405Miles

Þ

Þ

US Department of the InteriorBureau of Safety and Environmental EnforcementPacific OCS Region

This map has been carefully prepared from the best existing data sources available at the time of its completion, but the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement doesnot guarantee the accuracy and are not responsible or liable for reliance thereon. It is not a legal document for federal leasing purposes nor is it to be used for navigation. The OCS Official Protraction Diagram and Leasing Mapsshould be consulted for area measurements and location of individual blocks.

Þ

To Los A

ngeles

Area Refin

ery

A

A

X = 1,

413,9

20'

L o s A n g e l e s C o u n t yL o s A n g e l e s C o u n t y

O r a n g e C o u n t yO r a n g e C o u n t y

X= 1,

445,6

00'

X= 1,

429,7

60'

3095

3033

186

91392

425

163426

3455

4736

1482

White

EvaEmmy

FreemanChaffee

Grissom

Esther

San Pedro

Newport Beach

Long Beach

Huntington Beach

EllyEllen

Edith

Eureka

BETA PUMP STATION

Point Fermin

296

301300

306

FORT APACHE

HUNTINGTON BEACH STRIP

-400

-200

-600

-800

-400-600-400

-600 -600

3413

Y= 491,040'

Y= 506,880'

Y= 522,720'

Y= 538,560'

118°0'0"W118°10'0"W118°20'0"W

33°50'0"N

33°40'0"N

33°30'0"N

State Waters

State Waters

S a n P e d r o B a y I n s e tS a n P e d r o B a y I n s e t

SLA Boundary

SLA Boundary

SLA Boundary

SLA Boundary8 (g) Line

8 (g) Line

Santa Barbara Channel

Santa MariaBasin

8 (g) Line

Shipping Lanes

8 (g) Line

Gaviota

*

*

*

*

*

* *

* *

Map created in NAD27 State Plane Zone 6 ProjectionSanta Barbara Island

NORTHBOUND

SOUTHBOUND

SOUTHBOUND

NORTHBOUND

Beta Unit

Updated August 2017

Leases North of P 0315 and P 0316 are in the UTM Zone 10N Coordinate System (Meters)

*

Legend

Non Producing State LeasesA Onshore Facilities

Pipelines

Oil Spill Response VesselsKnown Oil/Gas Field OutlineBathymetry Contour Interval 200mChannel Islands National Marine Sanctuary (CINMS)Channel Islands National ParkShipping LanesSubmerged Lands Act Boundary (SLA)8 (g) LineCounty Boundary

Federal Platforms (as of 08/2017)Federal Leases (as of 08/2017)

State Platforms/Production Facilities (as of 08/2017)Producing State Leases (as of 08/2017)

Federal Unit Boundary