ADVERTISEMENT


ExxonMobil

ExxonMobil has produced first oil from the Hebron project offshore eastern Canada. At its peak the project will produce up to 150,000 B/D of oil, the company said. The platform is 200 miles off the coast of Newfoundland and Labrador in 300 ft of water. Discovered in 1980, Hebron is estimated to hold more than 700 million bbl of recoverable resources. The platform has living quarters, drilling and production facilities, and storage capacity for 1.2 million bbl of oil. ExxonMobil is the operator with a 35.5% interest in the project. Partners in the Hebron joint venture include Chevron (29.6%), Suncor Energy (21%), Statoil (9%), and Nalcor Energy (4.9%).


STAY CONNECTED

Don't miss out on the latest technology delivered to your email weekly.  Sign up for the JPT newsletter.  If you are not logged in, you will receive a confirmation email that you will need to click on to confirm you want to receive the newsletter.

 

ADVERTISEMENT