Go-ahead for $14-billion Hebron project offshore eastern Canada

Jan. 7, 2013
ExxonMobil and its partners in the Hebron project 350 km (217 mi) offshore Newfoundland have sanctioned the $14-billion development.

Offshore staff

IRVING, Texas– ExxonMobil and its partners in the Hebron project 350 km (217 mi) offshore Newfoundland have sanctioned the $14-billion development.

The project takes in the Hebron, West Ben Nevis, and Ben Nevis fields, spread over four significant discovery licenses (SDLs): SDL 1006, SDL 1007, SDL 1009, and SDL 1010.

The centerpiece will be a stand-alone concrete gravity-based structure (GBS) platform in 95 m (311 ft) water depth, designed to withstand sea ice, icebergs, and severe local meteorological and oceanographic conditions.

It will have production capacity for up to 150,000 b/d of oil, and storage for 1.2 MMbbl of crude. The integrated topsides deck will include a living quarters and facilities for drilling and processing.

Construction of the GBS is under way in Bull Arm, Newfoundland and Labrador. Work on thetopsides is expected to start later this year. Front-end engineering and design was completed last year and detailed engineering continues.

First oil is scheduled for late 2017. The aim is to extract more than 700 MMbbl during the field’s 40-year lifespan.

The co-venturers are: ExxonMobil Canada Properties (operator, 36%), Chevron Canada Resources (26.6%), Suncor Energy (22.7%), Statoil Canada (9.7%), and Nalcor Energy Oil and Gas (4.9%).

01/07/2013