Santa Fe Energy Resources

Santa Fe Energy to Buy Steam From Coalinga: Santa Fe Energy Resources has reached agreement with the Coalinga Cogeneration Co. under which Santa Fe will purchase steam for its thermal-enhanced oil recovery operations near Coalinga, Calif. The first delivery under the 15-year agreement is expected in October at an initial rate of 10,000 barrels of steam per day, about 60% of Santa Fe's current steam requirements.

The city will not be held liable for any legal action resulting from the controversial Olinda Heights housing development, which is being built on former oil fields near a landfill and earthquake fault. Under an agreement reached this week, property owner Santa Fe Energy Resources agreed to indemnify the city for damages related to the landfill or other potential problems at the site, said James R. Cutts, the city's development services director.

The developer of the Olinda Heights tract, in response to objections from community and environmental groups, is proposing to build fewer homes and set aside a larger area for parks and other recreational facilities. Santa Fe Energy Resources has decided to build 1,380 homes rather than the 1,600 it originally planned after community groups complained that the development would significantly increase traffic along Carbon Canyon Road.

Officials of an oil company that is proposing a master-planned community in the hills above Brea said Wednesday that they will scale back the plan by about 100 housing units. The changes, made in the wake of a public outcry, would reduce the number of units to about 760, said John McLaughlin of Santa Fe Energy Resources, which owns and wants to develop a 284-acre parcel north of Carbon Canyon Road and east of Valencia Avenue.

Santa Fe Energy Resources, founded in the 1890s to drill for oil in the Olinda hills, is going into the residential development business. While continuing to produce oil and gas at its Olinda oil fields, it will turn 277 acres of its property into a residential community to be called Olinda Heights, company officials said Wednesday.

The city will not be held liable for any legal action resulting from the controversial Olinda Heights housing development, which is being built on former oil fields near a landfill and earthquake fault. Under an agreement reached this week, property owner Santa Fe Energy Resources agreed to indemnify the city for damages related to the landfill or other potential problems at the site, said James R. Cutts, the city's development services director.

The City Council announced Tuesday night that it would postpone until Sept. 5 a decision on a major plan to develop homes on the once oil-rich hills above Brea. "In response to concerns of the community, Santa Fe Energy [has proposed] a reduction in the number of units and additional safety measures," said Mayor Bev Perry. No details were revealed at the council hearing.

The Planning Commission will conduct a public hearing Tuesday regarding plans for the Olinda Heights master-planned residential community. A key concern Brea residents and city officials have about the project is the amount of traffic that would be generated, especially on narrow and frequently congested Carbon Canyon Road. The environmental impact report estimates that Olinda Heights would generate a daily average of nearly 7,000 trips and significantly affect intersections in the area.

Officials of an oil company that is proposing a master-planned community in the hills above Brea said Wednesday that they will scale back the plan by about 100 housing units. The changes, made in the wake of a public outcry, would reduce the number of units to about 760, said John McLaughlin of Santa Fe Energy Resources, which owns and wants to develop a 284-acre parcel north of Carbon Canyon Road and east of Valencia Avenue.

The City Council announced Tuesday night that it would postpone until Sept. 5 a decision on a major plan to develop homes on the once oil-rich hills above Brea. "In response to concerns of the community, Santa Fe Energy [has proposed] a reduction in the number of units and additional safety measures," said Mayor Bev Perry. No details were revealed at the council hearing.

The Planning Commission will conduct a public hearing Tuesday regarding plans for the Olinda Heights master-planned residential community. A key concern Brea residents and city officials have about the project is the amount of traffic that would be generated, especially on narrow and frequently congested Carbon Canyon Road. The environmental impact report estimates that Olinda Heights would generate a daily average of nearly 7,000 trips and significantly affect intersections in the area.

The developer of the Olinda Heights tract, in response to objections from community and environmental groups, is proposing to build fewer homes and set aside a larger area for parks and other recreational facilities. Santa Fe Energy Resources has decided to build 1,380 homes rather than the 1,600 it originally planned after community groups complained that the development would significantly increase traffic along Carbon Canyon Road.

Santa Fe Energy Resources, founded in the 1890s to drill for oil in the Olinda hills, is going into the residential development business. While continuing to produce oil and gas at its Olinda oil fields, it will turn 277 acres of its property into a residential community to be called Olinda Heights, company officials said Wednesday.

Santa Fe Energy to Buy Steam From Coalinga: Santa Fe Energy Resources has reached agreement with the Coalinga Cogeneration Co. under which Santa Fe will purchase steam for its thermal-enhanced oil recovery operations near Coalinga, Calif. The first delivery under the 15-year agreement is expected in October at an initial rate of 10,000 barrels of steam per day, about 60% of Santa Fe's current steam requirements.

University Targets Housing Site: Cal State Fullerton needs housing for faculty and staff and has selected the Olinda Heights planned community proposed by Santa Fe Energy Resources Inc. as the target site. The draft environmental impact report for the master planned community has just been released by Brea city planners and is now subject to a 60-day review period. If all goes smoothly, construction of the community, which could contain as many as 1,150 homes, could begin in 1995.