Sable Offshore Resumes Oil Transportation Through Santa Ynez

Company receives Trump administration support to restart offshore oil production after 2015 spill.

Mar. 17, 2026 at 3:35pm

Sable Offshore Corp. (NYSE:SOC), an independent upstream company focused on developing the Santa Ynez Unit offshore California, has received approval from the Trump administration to resume oil transportation through the Santa Ynez Pipeline System. This comes after a lengthy dispute with California authorities following a 2015 oil spill, with the federal government now stepping in to support the company's efforts to restart operations.

Why it matters

The resumption of oil production at the Santa Ynez Unit is seen as a key move by the Trump administration to ease global supply disruptions amid the ongoing war with Iran. Sable Offshore's ability to restart operations has significant implications for California's energy landscape and the company's financial outlook.

The details

Sable Offshore Corp. (NYSE:SOC) has been in a dispute with California authorities over restarting oil production at the Santa Ynez Unit, which was shut down after a 2015 oil spill. The company has now received strong support from the Trump administration, including a directive from the U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA) to shift the pipelines under federal rather than state oversight. This has enabled Sable Offshore to announce the resumption of oil transportation through the Santa Ynez Pipeline System, with first sales expected by April 1.

  • On March 13, the Trump administration officially directed Sable Offshore to restore oil drilling operations off the California coast.
  • On March 16, Sable Offshore announced it had resumed oil transportation through the Santa Ynez Pipeline System.
  • First sales from the resumed operations are expected by April 1.

The players

Sable Offshore Corp. (NYSE:SOC)

An independent upstream company focused on developing the prolific Santa Ynez Unit in federal waters offshore California.

Trump administration

The current U.S. federal government, which has provided strong support to Sable Offshore in its efforts to restart oil production at the Santa Ynez Unit.

U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA)

The federal agency that approved Sable Offshore's request to shift the pipelines under federal rather than state oversight, enabling the resumption of oil transportation.

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What they’re saying

“Sable Offshore Corp. (NYSE:SOC) received another strong push on March 13 when the Trump administration officially directed the company to ​restore oil drilling operations off the California coast, in a bid to ease the global supply disruptions created by the war with Iran.”

— Energy Secretary Chris Wright

What’s next

Following the resumption of oil transportation, Sable Offshore Corp. (NYSE:SOC) is expected to begin first sales by April 1.

The takeaway

The Trump administration's intervention to support Sable Offshore's efforts to restart oil production at the Santa Ynez Unit highlights the ongoing tensions between federal and state authorities over energy policy, as well as the administration's focus on ensuring reliable energy supplies amid global disruptions.