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Amplify Energy Corp is an oil company based in Houston, Texas. It trades as NYSE: AMPY and has 230 employees. Wells Its assets are in Texas and the West, with about 1000 oil wells and 1500 natural gas wells. The company uses fracking in "almost every well", including CO2/water injection in their Bairoil, Wyoming wells, and large volumes of brine water in their wells in Oklahoma. Reinjection of brine water into wells has led to seismic activity, so Amplify's permits to inject waste water have been limited. The company also fracked two wells in 2017 in Panola County, Texas. Beta field platforms Amplify, through its Beta Offshore (Beta Operating Company LLC, registered in Delaware) subsidiary, owns three oil platforms near Los Angeles, California, titled Elly, Ellen, and Eureka. Elly and Ellen are connected. Ellen and Eureka have production oil wells, and are connected by pipeline to Elly. Elly separates the oil, gas, and water, burns the gas for fuel, and pumps the oil through a 16 inches (41 cm) pipeline, to the Port of Long Beach. San Pedro Bay Pipeline Company owns and operates the 17.5 miles (28.2 km) pipeline. Fracking is not used in the Beta field's unit, and would be banned or heavily restricted, per a court order given to Bureau of Ocean Energy Management. San Pedro Bay Pipeline Company, registered in California, is owned by Amplify per Amplify's 2019 10-K. The Elly platform was installed in 1980, according to the U.S. Bureau of Safety and Environmental Enforcement. Oil-in-ocean incidents 2021 oil spill, pipeline drag In October, 2021, a major oil spill off the coast of Southern California caused dead birds, fish and oil to wash up on Huntington Beach and Newport Beach. The spill was initially estimated to be the equivalent of as much as 144,000 gallons of oil but estimates were revised down. As of mid-November 2021, "officials [had] said the actual amount [was] likely much lower," likely around 25,000 gallons, although there was "no firm number." In 2024 linking to October 2021 reports, CNN used the figure 131,000 gallons for the spill. In the initial aftermath of the discovery of the spill it was termed a "potential ecological disaster" by Huntington Beach mayor Kim Carr on October 2, 2021. Orange County supervisor Katrina Foley said the oil had "infiltrated the entirety of the (Talbert) Wetlands." "We are fully committed to being out here until this incident is fully concluded," Amplify CEO Martyn Willsher said. He also the company has owned the pipeline for about nine years. The National Transportation Safety Board said it was sending investigators to gather information and assess the source of the oil spill. News outlets asserted that Amplify and Willsher were being "evasive" about a 15-hour delay in notifying federal regulators about the oil spill, which was reported by its crisis company, Witt O'Brien's. Rebecca Craven, program director of Pipeline Safety Trust, said Amplify had "failed to publicly explain how it responded to signs of a possible failure in the pipeline." In November, 2021, Coast Guard investigators determined that at least one container ship, the Beijing owned by Capetanissa Maritime Corp. of Liberia / V-Ships Greece Ltd., “was involved in an anchor dragging incident on Jan. 25, 2021 during a heavy weather event that impacted the Ports of L.A. and Long Beach.” The owner and the operator have been named “parties in interest” in the investigation. The Beijing is chartered by COSCO and is sometimes referred to as the COSCO Beijing. The MSC Danit was also identified as "moving over the pipeline while in high winds Jan. 25, before eventually moving out to the channel near Santa Catalina Island" and the Coast Guard has also designated Mediterranean Shipping Co., the operator of the Danit, and Dordellas Finance Corp. of Panama, its owner, as parties of interest in the ongoing investigation. An anchor or anchors appear to have dragged the underwater pipeline 100 feet on the ocean floor and also appear to have damaged the concrete casing of the pipeline. The pipeline was "intact in October 2020 when the company [Amplify] that operates it last did an inspection, and the marine growth visible around the displaced section of the pipeline [as of October/November 2021] indicates the anchor drag probably was not recent" per Coast Guard captain Jason Neubauer. Neubauer is leading the spill investigation and was speaking to the press. In August 2022, Amplify announced it would plead guilty to one count of misdemeanor negligent discharge of oil related to the leak. Amplify said it would pay a fine of about $7 million over three years and reimburse almost $6 million to government agencies, pending court approval of the agreement. As part of the proposed agreement, the company will also install a new leak detection system. 2024 oil sheen in platform neighborhood In March 2024 an oil sheen that officials said was about 2.5 miles long and half a mile wide was identified 1.5 miles off the coast at Huntington Beach. The U.S. Coast Guard’s pollution responders, the California Department of Fish and Wildlife, Huntington Beach’s lifeguards and the Orange County Sheriff’s Office all engaged. "Early thoughts are that it’s from a platform," posted a county supervisor. Amplify's stock dropped sharply amid the reports of the spill and, as of 5 pm local time Friday night, there had been no recovery in Amplify's stock price. The company said, on Friday, there was "no indication that this sheen is related to our operations" and that it would "cooperate ... and provide support in any way we can." Per reports, 85 gallons of oil product representing 85% of the sheen were retrieved before weather deteriorated the same day and by the next day, Saturday, the sheen was reported gone. “Tar patties” found along the beach didn't "currently warrant closing the area [per the city, and] teams have started cleaning up." One grebe "with oil on it was recovered" per the Coast Guard which also "said the source of the oil sheen is under investigation". Neighboring cities of Newport Beach, Long Beach and Laguna Beach were monitoring their beaches. Testing of the oil found that it was consistent with oil that seeps naturally from the sea floor rather than anything that would have leaked from one of the oil rigs or ships in the area. The Coast Guard said that the tests did not conclusively determine the origin of the sheen samples. "We have many samples from all the oil rigs and their products, as well. ... The oil doesn’t seem to be connected with the oil rigs,” said Petty Officer Richard Uranga, a spokesman for the Coast Guard. Three days later and in days after that, the company stock recovered most of its pre-sheen valuation. History Amplify is the successor of Memorial Production Partners, which went into Chapter 11 bankruptcy in 2017 and was traded as Nasdaq: MEMP. Amplify's CEO beginning May 2018 was Ken Mariani, previously from EnerVest. Midstates Petroleum (previously NY.... Discover the Jill Weatherholt popular books. Find the top 100 most popular Jill Weatherholt books.