Royale Energy to expand development in California’s Rio Vista gas field
SAN DIEGO, California -- Royale Energy has reached an agreement with a major independent exploration and development company to expand their joint development agreement in the Sacramento basin of Northern California. The expanded arrangement covers approximately 1,900 acres in the prolific Rio Vista gas field.
Discovered in 1936, Rio Vista has already produced over 3.5 Tcf of natural gas from multiple sands and has an estimated 500 Bcf of natural gas remaining in place. Royale will target the Capay and Martinez sands, which produce at depths of 4,500 ft and 6,000 ft, respectively. Royale anticipates drilling its first well within 60 days of closing.
With this expanded arrangement, Royale has secured a multiyear inventory of quality natural gas prospects.
