A seep is a wet place where a liquid, usually groundwater, has oozed from the ground to the surface. Seeps are usually not flowing, with the liquid sourced only from underground.
The term seep may also refer to the movement of liquid hydrocarbons to the surface through fractures and fissures in the rock and between geological layers. Petroleum seeps are quite common: California has thousands of them. Much of the petroleum discovered in California during the 19th century was from observations of seeps.
This seep also releases on the order of 100 to 150 barrels of liquid petroleum per day. Hornafius et al. The Monterey Formation contains about one billion barrels, so at the current leaking rate, it would be emptied of liquid petroleum in about 20 millennia if it were not being replenished.citation needed The estimated lifetime of the natural gas component is even shorter. The field produces about 9 cubic meters of natural gas per barrel of petroleum, and so there is about 9,000,000 cubic meters of gas in the reservoir. Hornafius et al. The seep would deplete this amount of gas in about 150 years.
Hornafius, J.S.Quigley, D.C., and Luyendyk, B.P. "The world's most spectacular marine hydrocarbon seeps (Coal Oil Point, Santa Barbara Channel, California): Quantification of Emissions", Journal of Geophysical Research, v.104, n. C9, pp. 20,703-20,711, September 15, 1999. [1]