THUMS Long Beach Company · Long Beach, CA United States
Company Description
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This link will open in a new window THUMS Long Beach is long on oil reserves. The company operates the eastern offshore section of California's Wilmington oil field (which lies beneath Long Beach Harbor). THUMS Long Beach has produced more than 930 million barrels of oil equivalent from the Wilmington field, which over its history has poured more than $4 billion into the coffers of the state of California. The field has an estimated 100 million barrels still to be recovered. The company gets its name from the oil property's original shareholders (Texaco, Humble, Union, Mobil and Shell). THUMS Long Beach has been an agent of Occidental Long Beach (a subsidiary of Occidental Petroleum ) since it was acquired in 2000. To read the full description, subscribe now.
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Key THUMS Long Beach Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $944.9 |
| Employees | 205 |
THUMS Long Beach Company Executives
4 executives listed for THUMS Long Beach Company's Long Beach, CA location.
| Title | Name & Bio | Contact |
| CEO | Frank Komin | Network |
| VP Finance | Don Foster | Network |
| Human Resources Manager | Bill McFarland | Network |
Competition
Competitive Landscape for THUMS Long Beach Company
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top THUMS Long Beach Company Competitors
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