- Sable Offshore Corp. (SOC) announced a **tentative ruling** on **October 14, 2025**, from the Santa Barbara Superior Court, indicating it will **deny Sable's claims** against the California Coastal Commission.  **[1831481_0001831481-25-000081_a991_statementonccclitigat.htm:0]** 
- Sable is pursuing **declaratory relief and inverse condemnation claims in excess of approximately $347 million** against the Coastal Commission and intends to **appeal** the tentative ruling.  **[1831481_0001831481-25-000081_a991_statementonccclitigat.htm:0]** 
- The company stated that the ruling would have **no impact** on the resumption of petroleum transportation through the Las Flores Pipeline System or oil and gas production from the federal Santa Ynez Unit.  **[1831481_0001831481-25-000081_a991_statementonccclitigat.htm:0]** 
- Sable plans to pursue an Offshore Storage & Treating Vessel (OS&T) strategy, which it believes will allow it to **refinance its existing term loan**, irrespective of California's approval for the Las Flores Pipeline System.  **[1831481_0001831481-25-000081_a991_statementonccclitigat.htm:0]**

Sable Offshore Corp. receives tentative ruling in California Coastal Commission litigation

- Sable Offshore Corp. is filing a motion to amend its lawsuit against the California Coastal Commission, seeking **over $347 million** in damages for the unlawful delay in restarting the Las Flores Pipeline System.  **[1831481_0001831481-25-000074_a991_cccdamagespressrelease.htm:0]** **[1831481_0001831481-25-000074_a992_noticeofmotionforle.htm:0]** 
- The company also initiated a declaratory judgment action on **September 29, 2025**, against the State of California to confirm that **SB 237** does not apply to its Las Flores Pipeline System.  **[1831481_0001831481-25-000074_a991_cccdamagespressrelease.htm:0]** **[1831481_0001831481-25-000074_a993_ppcxcomplaintfordec.htm:0]** 
- **SB 237**, signed into law on **September 19, 2025**, mandates new testing and permits for pipelines deemed "idle, inactive, or out of service" for five years or more, a classification Sable disputes for its pipelines.  **[1831481_0001831481-25-000074_a993_ppcxcomplaintfordec.htm:0]** **[1831481_0001831481-25-000074_a993_ppcxcomplaintfordec.htm:1]** **[1831481_0001831481-25-000074_a993_ppcxcomplaintfordec.htm:7]** **[1831481_0001831481-25-000074_a993_ppcxcomplaintfordec.htm:9]** 
- Sable acquired Pacific Pipeline Company, owner of the Las Flores Pipelines, in **February 2024** and has been working to resume petroleum transportation through the system.  **[1831481_0001831481-25-000074_a993_ppcxcomplaintfordec.htm:0]**

Sable Offshore Corp. Seeks Over $347 Million in Damages and Challenges New California Pipeline Law

- Sable Offshore Corp. (SOC) has announced an **alternative offtake strategy** involving an Offshore Storage and Treating Vessel (OS&T) to provide market access for federal crude oil from the Santa Ynez Unit (SYU).  **[1831481_0001831481-25-000071_a991_ostpressrelease.htm:0]**  This strategy is being pursued in parallel with efforts to resume petroleum transportation through the Las Flores Pipeline System.  **[1831481_0001831481-25-000071_a991_ostpressrelease.htm:0]** 
- The company has formally requested expedited support from the U.S. Department of the Interior and the U.S. Department of Energy for the permitting and installation of a Floating Production Storage and Offloading (FPSO) vessel, citing recently passed California state legislation creating barriers.  **[1831481_0001831481-25-000071_a993_requestforexpeditedsu.htm:0]** 
- If the OS&T option is fully adopted, Sable expects to execute a lease contract by **year-end 2025** for delivery in **Q3 2026**, with sales from all SYU platforms projected to begin in **Q4 2026** at comprehensive oil production rates of over **50,000 barrels of oil per day**.  **[1831481_0001831481-25-000071_a991_ostpressrelease.htm:0]** 
- The OS&T strategy would allow Sable to market its production outside of California, while the onshore pipeline option (with an estimated first sales in **Q4 2025**) is intended to provide immediate economic relief to California residents and stabilize local refineries.  **[1831481_0001831481-25-000071_a991_ostpressrelease.htm:0]** **[1831481_0001831481-25-000071_a992-sableoffshorecorpin.htm:8]**

Sable Offshore (SOC)