Major S.B. Oil Driller Files for Bankruptcy

Houston-headquartered ERG Intermediate Holdings, which operates hundreds of conventional and cyclic steam injection oil wells in Santa Barbara County, filed for Chapter 11 bankruptcy in a federal court in Texas on 4/30. Court documents indicate the company plans to sell but maintain existing operations. What that means for the ERG’s bid to drill 233 new cyclic-steaming wells here ​— ​the project is set to start its environmental-review phase, which would cost the company just shy of $250,000 ​— ​remains unclear.

To submit a comment on this article, email or visit our Facebook page. To submit information to a reporter, email

event calendar sponsored by:

Biggest Storm Since 1/9 Approaching Santa Barbara

The storm system brings increased threat of flash floods and debris flows.

Jack Johnson Tours Montecito Disaster Area Ahead of Benefit Concert

Jack and Kim Johnson met with Bucket Brigade leaders to see the destruction firsthand.

Iron Chef Caused State Street Pedestrian Death

Famous Chef Larry Forgione charged with misdemeanor for driving into Gilbert Ramirez on February 24.

Lavagnino’s Sudden Victory

5th District supervisor a shoo-in as filing window closes; Gregg Hart also unopposed for 2nd District.

One Half of Old Town Streets to Get Sidewalks

Walkways planned for one side of Goleta neighborhood streets; parking, lighting talks at community meeting March 22.