ExxonMobil looks to reap 700 million-plus bbls from Hebron project

Posted on 09 January 2013

ExxonMobil will develop the Hebron oilfield offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million bbls of oil, an increase versus earlier estimates. Capital cost for the project, which is expected to begin oil production around the end of 2017, is estimated at $14 billion. The platform is being designed for daily production of 150,000 bbls of oil.

Hebron will be developed using a stand-alone, gravity-based structure consisting of reinforced concrete designed to withstand sea ice, icebergs and meteorological and oceanographic conditions. The base will be designed to store approximately 1.2 million bbls of crude oil and will support an integrated topsides deck that includes living quarters and facilities to perform drilling and production.

Construction of the gravity-based structure is under way at the project’s primary construction site in Bull Arm, Newfoundland and Labrador. Topsides fabrication is expected to begin later this year.

“Hebron is one of several large-scale oil developments that ExxonMobil will bring on stream in the next five years,” said Neil W. Duffin, president of ExxonMobil Development Company. “ExxonMobil will employ its expertise in Arctic development and project execution to develop this world-class resource in challenging operating conditions.”

The Hebron field is located offshore Newfoundland and Labrador in the Jeanne d’Arc Basin more than 200 miles (350 km) southeast of the capital of St. John’s and about 19 miles (32 km) southeast of ExxonMobil’s Hibernia project. Water depth is approximately 300 ft (92 meters).

Hebron will be operated by ExxonMobil’s affiliate ExxonMobil Canada Properties. Hebron partners are Chevron Canada, Suncor Energy, Statoil Canada and Nalcor Energy Oil and Gas.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 17 April 2014

    Shell makes deepwater gas discovery offshore Malaysia

    Shell has made an exploration discovery offshore Malaysia in the Rosmari-1 well located 135 km offshore Malaysia in Block SK318. The well was drilled to a total depth of 2,123...

  • 16 April 2014

    Maersk Drilling takes delivery of ultra-deepwater drillship

    Maersk Drilling has taken the delivery of its second drillship, Maersk Valiant from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage toward the...

  • 16 April 2014

    Ensco orders new jackups from Lamprell

    Ensco has ordered two high-specification jackups, ENSCO 140 and ENSCO 141, for delivery in mid-2016 from Lamprell’s shipyard in the United Arab Emirates. The rigs will also...

  • 16 April 2014

    MPD/UBD successfully drills sidetrack after 6 failed conventional drilling attempts

    In the Brookeland Field in East Texas, conventional drilling methods failed in six attempts to drill a “straightforward” horizontal wellbore. The original well had surface casing installed...

  • 16 April 2014

    Chevron’s DGD training program serves array of learners across generations

    Since 2008, more than 400 people – from operators, drilling contractors, service companies and regulators – have completed Chevron’s dual-gradient drilling (DGD) training...

  • Read more news