Cardiff

The Cardiff well went into production on February 4, 2014 and continues to produce at 1,420,000 cubic ft. of gas per day with 1450/1500 psi. Cardiff has produced a total of 282,350,000 cubic ft. of natural gas to-date through its first six months of production.

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Victor Ranch

Victor Ranch Field is located in Tehama County, in the Northern Sacramento Basin. The field has been producing natural gas for us since we drilled our first well there in 1993. To date, it has gross production totaling more than 17.6 billion cubic ft. of natural gas from 20 company wells.
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Meet the Team

Founded in 1986, Royale Energy, Inc. (Nasdaq: ROYL) is an independent exploration and production company focused on the acquisition, development, and marketing of natural gas. Incorporated under the laws of the State of California, Royale Energy owns and operates wells in the Sacramento and San Joaquin basins in California and in the U.S. Gulf Coast. It markets approximately 15,000,000 cubic feet of natural gas per day to its customers.

Alaska North Slope

Royale Energy has acquired over 96,000 acres on the Alaskan North Slope. The acreage spans over 88 miles east and west of the Trans-Alaska pipeline route and is 22 miles south of the giant Prudhoe Bay oil and gas field, in the heart of the thermal maturity fairway for oil
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Royale Energy, Inc. (NASDAQ: ROYL) is recognized as one of the top 20 fastest growing natural gas and oil producers in the United States by Oil & Gas Journal. The company has also been named Oil & Gas World’s “Play of the Month” on five occasions. Headquartered in San Diego, California, Royale Energy’s stock is listed on the NASDAQ National Market under the ticker symbol ROYL. The company’s principle lines of business include the production and sale of natural gas and oil, acquisition of oil and gas interests and proved reserves, drilling of exploratory and developmental wells and sales of fractional working interests in the wells it drills. Royale Energy owns wells and leases in California’s Sacramento and San Joaquin basins, Utah, the Gulf Coast basins of Texas and Louisiana and Alaska.NASDAQ-300x110_spaced

The company diversifies the development of its properties by selling a portion of the working interest in each lease that it acquires to third party investors and retains a portion of the prospect for its own account. The prospects are then bundled into multi-well investments. This strategy of shared ownership in multiple wells provides investment opportunities that minimize risk while seeking superior returns for shareholders and direct working interest investors.

As an established leading independent producer of domestic oil and natural gas for nearly 30 years, Royale Energy is well positioned for continued growth and profitability for the balance of the decade.

Abandonment Cost
All costs (net of amounts recouped by salvage) which, because they relate to a well which is abandoned or otherwise disposed of in a transaction evidencing worthlessness prior to becoming commercially productive or after having produced, are believed to qualify for deduction for federal income tax purposes in the year of abandonment.
Absolute Open Flow
Absolute Open Flow (AOF) pertains to figures that are reported to state authorities for a 24-hour production test. These test figures should not be relied upon as a sustainable daily production rate for a well.
FULL GLOSSARY
Reagan Ranch ~ Santa Barbara, CA
Oct 21-23, 2015

Mike Reagan Keynote Speaker Confirmed

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