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撸管社-based Aera Energy LLC, California鈥檚 second-largest oil producer, has sold to California Resources Corp., whose headquarters are in Long Beach.聽This file photo was taken in early 2022.

Aera Energy LLC has officially joined Long Beach-based California聽Resources Corp. in a previously announced deal consolidating CRC's regional lead in carbon management and doubling its petroleum production to make CRC the state's largest oil producer.

Sealed by CRC shareholders' vote Wednesday to issue the shares funding the purchase, it's the second time Aera has sold in as many years. Co-founder Royal Dutch Shell Plc signaled in 2021 it wanted out of a partnership with Exxon Mobil Corp. that since 1997 has grown to produce about a quarter of California's oil.