Canada: ExxonMobil Gets Approval for Hebron Field Development

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved ExxonMobil’s Hebron Development Application.

The approval of the Development Plan now enables ExxonMobil Canada Properties Limited to proceed with development of the Hebron Field, which is estimated to contain 707 million barrels of of recoverable resources..

Hebron is a heavy oil field estimated to have 400 – 700 million barrels  The field was first discovered in 1981, and is located offshore Newfoundland and Labrador in the Jeanne d’Arc Basin 350 kilometres southeast of St. John’s, the capital of Newfoundland and Labrador. It is approximately 9 kilometres north of the Terra Nova project, 32 kilometres southeast of the Hibernia project, and 46 kilometres from the White Rose project. The water depth at Hebron is approximately 92 metres.

The Hebron field will be developed using a stand-alone concrete gravity based structure (GBS). The GBS will consist of a reinforced concrete structure designed to withstand sea ice, icebergs, and meteorological and oceanographic conditions at the offshore Hebron Project Area. The preliminary GBS concept has a single main shaft supporting the topsides, encompassing all wells.

The Hebron co-venturers are: ExxonMobil Canada Properties (36%), Chevron Canada Resources (26.7%), Suncor Energy Inc. (22.7%), Statoil Canada (9.7%) and Nalcor Energy (4.9%).

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Posted on June 1, 2012, in AMERICAS, Canada, North America, Offshore FIeld Development, Oil & Gas - offshore and tagged , , , , , , , , , , . Bookmark the permalink. Comments Off on Canada: ExxonMobil Gets Approval for Hebron Field Development.

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