Across Los Angeles County and beyond, new collaborations are exploring how inactive oil production sites can be acquired and repurposed for community benefit. This session presents findings from ongoing feasibility studies examining pathways for reuse and redevelopment, including conversions to parks, open spaces, housing, and other public uses. It will address the balance between regulatory, industry, and community perspectives and highlight practical lessons on navigating ownership, environmental, and policy challenges in transforming former oil sites into new assets.