Sable Offshore Corp. resumed transportation of hydrocarbons produced at the Santa Ynez Unit through the Santa Ynez Pipeline System on March 14, 2026, at the direction of U.S. Secretary of Energy Chris Wright under the Defense Production Act. The company expects first sales by April 1, 2026, at a gross oil rate of 50,000 Bbls/d with full production ramp-up ongoing.
Key takeaways
Resumed hydrocarbon transportation from Santa Ynez Unit via Santa Ynez Pipeline System on March 14, 2026
Directed by DOE order invoking Defense Production Act signed March 13, 2026, by Secretary Chris Wright
Expected first sales by April 1, 2026, at gross oil rate of 50,000 Bbls/d
Production ramp-up to full at Platforms Harmony and Heritage in March 2026, Platform Hondo in June 2026
Pipeline capacity of 200,000 Bbls/d; 540,000 barrels of crude oil in storage at Las Flores Canyon prior to resumption
Filed lawsuit on March 13, 2026, against California Department of Parks and Recreation in U.S. District Court