Exxon puts Canada field on stream

Canada

IRVING, November 29, 2017 – ExxonMobil announced on Tuesday that production had started ahead of schedule at the Hebron field offshore Canada.

 

The field’s 150,000-bopd platform cost about CAD 14 billion (USD 11 billion), local media reported.

“We thank the project’s co-venturers for their expertise and support, as well as the employees and contractors who supported construction of the facility, its tow out to the field and drilling of the initial wells,” Liam Mallon, president of ExxonMobil Development Company, said in a statement.

The Hebron field, estimated to contain more than 700 million barrels of recoverable crude reserves, is operated by ExxonMobil’s Canadian affiliate (35.5%) in partnership with Chevron (29.6%), Suncor Energy (21%), Statoil (9%) and Nalcor Energy (4.9%).