WHAT THE FRACK IS ALL THE FUSS ABOUT? By Gisele Goetz

Whatever your intellectual, environmental or moral stance, the world economy today is still based on oil and gas as its major fuel sources. According to the California Division of Oil, Gas & Geothermal Resources (DOGGR), Ventura County has more than 1,700 active wells producing more than 8 million barrels of oil a year, as well as 63 million barrels of water used to produce that oil.

Understanding the legal principles that control the development of natural resources like oil, gas and water can be a critical skill in the commercial, real property, and litigation legal arenas, and it’s likely to become more critical over time. So, if you have ever wondered “What the frack is fracking?” If you think “spudding” has something to do with growing potatoes or if you wonder what a brine line is, then maybe the VCBA’s new Natural Resources Section will help you learn. And if you already know, it’s the place for you.

If you are interested in learning about the practice of law related to natural resources, meeting others who are practicing in the area, or speaking about your existing area of expertise, please contact me at giselegoetz@aol.com or (805)895-5338.

Over the last 10 years Gisele Goetz has advised oil and gas companies exploring and producing in California. Prior to working in the oil & gas industry, Gisele was District Counsel to a local water district.

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