OPERATIONS

CRC’s operations produced 140,000 barrels of oil equivalent per day in 2016.

CRC is the largest oil and natural gas producer in California on a gross-operated basis.

CRC is the largest private net mineral acreage holder in California with about 2.3 million net acres equal to the combined areas of California’s 66 most populated cities, including Los Angeles, San Diego, San Jose and Bakersfield.

CRC’s facilities in Long Beach have generated more than $4.6 billion in revenue since 2003 for the city, state and port based on the government share of ownership in these operations and from fees and taxes.

Our operational control of approximately 135 fields in California provides us flexibility in the timing and scope of development to

deploy our assets in response to market conditions.

CRC has operations at the Elk Hills Field in Kern County, the Wilmington Field in Long Beach and fields in the Los Angeles, San Joaquin, Ventura and Sacramento basins.

From 2014 through 2016, our California workforce achieved their three best annual combined safety performance ratings in the decades-long

history of our operations.

PRODUCTION

2017 CALIFORNIA RESOURCES CORPORATION

SNAPSHOT

NO. 1 PRODUCER

LEADER IN SAFETY

OPERATIONAL CONTROL

CRC OPERATIONS

2.3 Million

Net Acres

$4.6

Billion

=100,000 net acres

=$100 million

1.9

Million

Homes

$700

Million

=100,000 homes

CRC’s 2016 natural gas production in California could supply all the homes in the cities of Bakersfield, Ventura and Long Beach for nearly six years.

CRC paid approximately $700 million in California state and local taxes for 2014 through 2016.

=10,000 BOE

140,000

BOE per day

California Resources Corporation (CRC) is the largest oil and natural gas producer in California on a gross-operated basis. We are proud to:

Provide affordable, secure and reliable energy for Californians

1.Provide diverse jobs that for many are a path to the middle class

2.Adhere to the state’s stringent safety and environmental standards

3.Serve as an active and supportive community partner through impactful donations and volunteerism

4.

$

$

$

$

$

$

$

$

=$100 million

6 years

CRC’s Elk Hills Field, THUMS Islands and Huntington Beach Field have certified habitat conservation and outreach programs.

CRC is committed to supporting local community groups and programs throughout the state that represent California’s diversity. CRC champions Science, Technology, Engineering and Mathematics (STEM) education and workforce training programs that provide a path to the middle class for many Californians. We are proud to partner with non-profit groups to help build vibrant communities where we all live and work.

CRC has a statewide Project Labor Agreement with the California Building & Construction Trades Council. The Building Trades and other labor partners share our dedication to providing good-paying jobs while maintaining our commitment to safe, high-quality products that replace foreign energy imports with California production.

COMMUNITY

In 2016, CRC supplied nearly 4 billion gallons of treated, reclaimed water for California agriculture. As a result, CRC provided over 250 percent more reclaimed water than the amount of fresh water we purchased for our

statewide operations.

HABITAT CONSERVATION

CRC IN THE COMMUNITY

PARTNER WITH LABOR

4 BillionGallons

crc.com

California Resources Corporation (CRC) is a California pure-play oil and natural gas company. This means that our entire workforce lives and works in California. We

support the State of California and its communities by generating local jobs, revenues and taxes, all while adhering to the state’s stringent environmental standards.