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Huasna Field, Geographic Overview

The onshore Santa Maria Basin is a triangular shaped structural basin located north of Los Angeles in the state of California. Sedimentation commenced when Lower Miocene strata were deposited during a period of regional crustal extension. During much of the ensuing Miocene time the Monterey Formation was deposited, the major reservoir zone and only source rock in the basin.

The Monterey Formation ranges in thickness from 1,000-4,000 feet. Much of the oil in the Santa Maria Basin is trapped in the northwest trending faulted anticlines. The oil is usually heavy and typically ranges from 10° to 20° API. Matrix porosity is typically 10%- 35% but permeability within the matrix is negligible. The recoverable oil is predominantly located in the fracture system for which the porosity ranges from 1%- 2% or less. The Huasna Field is located in the northern portion of the Santa Maria Basin.