Sable Offshore Corp.

Sable Offshore Corp. is an independent oil and gas company based in Houston, Texas, specializing in upstream exploration and production activities. Its primary operations are centered on the development of the Santa Ynez Unit, a significant offshore oil and gas asset located in federal waters off the coast of California. The company manages three offshore production platforms and owns 16 federal leases spanning roughly 76,000 acres, as well as extensive subsea pipeline infrastructure to transport crude oil, natural gas, and produced water to onshore processing facilities. Sable Offshore Corp. became notable for acquiring ExxonMobil’s Santa Ynez Unit assets in 2024, which include substantial remaining reserves, predominantly oil, making it a prominent player in California’s energy landscape. The firm emphasizes responsible operations under stringent regulatory and environmental standards, aiming to safely restore and enhance production from previously shuttered infrastructure. Sable Offshore Corp. plays a key role in supporting regional energy supply and maintains a focus on operational safety, regulatory compliance, and value creation for stakeholders in the U.S. energy sector.