September 29, 2025 — Leads & Copy — Sable Offshore Corp. (NYSE: SOC) has formally requested approval from the California Office of the State Fire Marshal (OSFM) to restart the Las Flores Pipeline System. The company has met all operational conditions to resume petroleum transportation through the Onshore Pipeline, as required by the Federal Consent Decree, paving the way for the OSFM’s approval of Sable’s Restart Plans. The conditions met include anomaly repairs, safety valve installations, control room enhancements, and the production of supporting documentation and analyses.
Sable also announced in its updated investor presentation that it is pursuing an Offshore Storage and Treating Vessel (OS&T) strategy to provide access to domestic and global markets via shuttle tankers for federal crude oil produced from the Santa Ynez Unit (SYU) in the Pacific Outer Continental Shelf Area.
Sable continues to work with the State of California to resume petroleum transportation through the Onshore Pipeline. Delays will prompt Sable to revert to a leased OS&T strategy, which was used to process SYU production from 1981 to 1994, during which time the SYU produced over 160 million barrels of oil equivalent.
The Onshore Pipeline is expected to provide economic relief to California residents and stabilize local refineries. Sable expects to execute an OS&T lease contract by year end 2025 for delivery in Q3 2026 and begin sales from all SYU platforms during Q4 2026 with expected oil production rates of over 50,000 barrels of oil per day within the SYU federal leases.
Sable Offshore Corp. is an independent oil and gas company focused on responsibly developing the Santa Ynez Unit in federal waters offshore California. The company is headquartered in Houston, Texas.
Source: Sable Offshore Corp.