Sable Offshore resumes oil flow under federal order, targets 50,000 bbls/d
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Sable Resumes Oil Flow as Ordered by the Federal DPA with Expected Gross Oil Rate of 50,000 Bbls/d and Expects First Sales by April 1, 2026
March 16, 2026 6:38 AM EDTHOUSTON--(BUSINESS WIRE)-- Sable Offshore Corp. (Sable, or the Company) (NYSE: SOC) today announced that on March 14, 2026, the Company resumed the transportation of hydrocarbons (oil) produced at the Santa Ynez Unit (SYU) through the federally regulated and approved to operate Santa Ynez Pipeline System (SYPS) from Las Flores Canyon (LFC) to Pentland Station at the direction of the United States Secretary of Energy, Chris Wright.
On March 13, 2026, President of the United States, Donald J. Trump, signed an Executive Order to, among other things, delegate certain authorities under the Defense Production Act of 1950 (DPA) to the United States... More
