CITY OF HUNTINGTON BEACH
CITY COUNCIL MEETING – COUNCIL MEMBER ITEMS REPORT
TO: HONORABLE MAYOR AND CITY COUNCIL
FROM: PAT BURNS, CITY COUNCILMEMBER
DATE: JANUARY 17, 2023
SUBJECT: CITY OWNED OIL WELL OPERATION & PRODUCTION
The City has owned and operated three oil wells on Civic Center property generating revenue. In recent years, City leadership has investigated oil well abandonment, foregoing income from oil sales. The City should evaluate resuming operations and income generation.
RECOMMENDED ACTION
Direct the City Manager to return to the City Council within 60 days with a report on the number of City owned wells, locations, historical production and capacity, and revenue from the sale of oil. The wells are aging, require ongoing maintenance when operational, and there will be costs to become operational. A full conditions assessment, cost benefit analysis, and plan to resume operations should be included in the report.