Request by Freeport McMoran Oil & Gas, formerly Plains Exploration & Production Company, for a Conditional Use Permit to allow for Phase V development, which would be to expand production of an existing oil field and include the following elements: addition of 8 new well pads, modification of 33 existing pads and the use of other existing pads to provide for up to 450 new wells (oil, steam injection, re-injection, replacement); 100 of these new wells would be ‘replacement’ wells; installation of additional production and steam lines to the new wells; expansion of existing electrical power system; and replacement of one existing pipe bridge over Pismo Creek. This expansion is expected to increase daily oil production from the currently approved 5,000 barrels to 10,000 barrels. No hydraulic fracturing is proposed. Completion of previously approved Phase IV development ongoing. The project is located on both sides of Price Canyon Road, extending approximately one mile to the north and south of Ormonde Road, northeast of the City of Pismo Beach, in the San Luis Bay (inland) planning area. The Project Status Update document below provides a brief history and status of the project. Please contact John McKenzie, the County Project Manager, at (805) 781-5452 for additional information.