The meeting is slated to take place at the Hermosa Beach Community Theater, 710 Pier Avenue.
The meeting has been called to provide information and receive input from the public about what should be evaluated in a Cost/Benefit Analysis and a Health Impact Assessment being prepared by the city.
The studies and reports are being done in relation to the oil production project proposed by E&B Natural Resources Management Corp.
The goal of this forum is to focus on what should be evaluated in these two studies that are being prepared by the consulting teams of Kosmont Companies (Cost/Benefit Analysis) and McDaniel Lambert (Health Impact Assessment), rather than to debate the pros and cons of the proposed project.
There is also an Environmental Impact Report being prepared for the project.
E&B proposes to develop the 1.3 acre site currently occupied by the city's Public Works Maintenance Yard at 555 6th St. and 15 public parking spaces as an onshore drilling and production site.
The project proposes to use directional drilling of 30 wells to access oil and gas reserves in the tidelands and within an onshore area known as the uplands.
The life of the project is 35 years. The project would be developed in four phases:
- Site preparation of the site for drilling and testing (six months).
- Exploratory drilling and testing of four wells to determine the potential productivity and economic viability of the proposed project (12 months); crude oil would be transported from the site by truck.
- Construction of permanent oil and gas production facilities and installation of pipelines along Valley Drive to existing or new pipelines outside the city (14 months).
Production phase over the remainder of the 35 year term. Drilling the remaining wells (including four wells for the re-injection of water extracted along with the oil and gas), would occur over a 2.5 year period.
During project operations, rigs may be onsite for a maximum of 90 days per year.
Oil and gas would be transported through pipelines to receiver locations outside the city.
Following project termination, equipment would be removed from the site, wells abandoned per regulatory requirements, and the site would be graded and returned to the city.