As per Sable’s filings with the Securities and Exchange Commission (SEC), the company faces a March 1, 2026, deadline to achieve "Restart Production". Failure to meet this milestone could result in the SYU assets reverting to ExxonMobil Corporation without compensation to Sable.
Regulatory decisions and filings outline mandatory requirements for Sable Offshore ($SOC) to resume Santa Ynez Unit operations. Idled since a 2015 rup ...