feature

hebron project
achieves first oil

Employees on the Hebron platform celebrate first oil on November 27, 2017.

Chevron Canada Limited is pleased to join its Hebron Project co-venturers in announcing the successful start of crude oil production from the Hebron Field. The project operator, ExxonMobil Canada, announced that on November 27, 2017, crude oil production was safely initiated at the Hebron platform, 350 km offshore Newfoundland and Labrador in the Jeanne d’Arc Basin.

major milestone for the offshore Atlantic Canada energy project

The achievement of first oil in the Hebron Project marked the beginning of an anticipated 30 years of future production. At its peak, Hebron will produce an estimated 150,000 barrels per day, providing significant royalties and taxes to the Governments of Newfoundland and Labrador and Canada, as well as ongoing large-scale direct employment and related economic spinoffs in the project’s home province.

“Chevron Canada Ltd. wishes to thank ExxonMobil Canada and other co-venturers in the Hebron Project, the Government of Newfoundland and Labrador, and the thousands of people in the province who came together to make the project a reality,” Jeff Gustavson, president, Chevron Canada Ltd., said following the achievement of first oil.

“Chevron Canada Ltd. looks forward to supporting long-term safe and reliable operations from the Hebron Project and to the large-scale economic benefits this world-class natural resources project will bring to Newfoundland and Labrador and all of Canada,” Gustavson added.

project background

The Hebron Field was discovered in 1980, and the operator has estimated that the field will produce more than 700 million barrels of oil. Chevron Canada Ltd. holds a 29.6 per cent nonoperated working interest in the Hebron Project.

The other project co-venturers are:

ExxonMobil Canada Properties

35.5%

Suncor Energy Inc.

21%

Statoil Canada Ltd.

9%

Nalcor Energy - Oil and Gas Inc.

4.9%

The Hebron Platform is located in the Jeanne d’Arc Basin, approximately 350 km offshore Newfoundland and Labrador.

Production from the offshore heavy oil field will be managed through the Hebron platform, a stand-alone gravity-based structure (GBS) made of reinforced concrete that is designed to withstand sea ice, icebergs and meteorological and oceanographic conditions. The Hebron supports an integrated topsides deck that includes living quarters and drilling and production facilities and has a storage capacity of 1.2 million barrels of oil.

excited support

Brian Grant, Chevron Canada Ltd.’s manager of Atlantic Canada, said Chevron Canada Ltd. has played a vital role in supporting the project from its beginnings up to the achievement of first oil.

“Chevron Canada Ltd. successfully led the Hebron Project through the early development phases. Achieving first oil is a significant milestone and I am extremely proud of Chevron Canada Ltd.’s personnel for laying the foundation for this mega-project and continuing to add value,” added Grant. “This reaffirms Chevron’s long-term commitment to Atlantic Canada.”

Chevron Canada Ltd. has been exploring for new sources of energy off the shore of Atlantic Canada for more than 30 years.

Published: March 2018