Exxon Begins Production at Canada's Hebron Offshore Field

Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) (Irving, Texas) announced yesterday that it has begun production from the Hebron offshore field, located about 200 miles offshore Newfoundland and Labrador. The project had a cost of more than $6 billion. While the platform is operated by ExxonMobil, which is also the majority owner, other partners in the project include Chevron Corporation (NYSE:CVX) (San Ramon, California), Suncor Energy Incorporated (NYSE:SU) (Calgary, Alberta), Statoil ASA (NYSE:STO) (Stavangar, Norway) and Nalcor Energy (St. John's, Newfoundland and Labrador).

Construction on the first part of the project, the gravity-based structure, began in late 2012, with Kiewit-Kvaerner Contractors (St. John's) providing engineering, procurement and construction (EPC). For more information, see Industrial Info's project report.

In 2013, work on the remaining sections of the project began, with WorleyParsons Canada Services Limited (St. John's) providing EPC work. These aspects of the project included the subsea development, crude production topsides, and tiebacks and offshore loading system.

The Hebron field contains an estimated 700 million barrels of oil, and at its peak, the platform will produce 150,000 barrels per day (BBL/d). The platform has storage capacity for 1.2 million barrels.

Liam Mallon, president of ExxonMobil Development Company, said in a press release, "The successful startup of the Hebron project demonstrates ExxonMobil's disciplined project management expertise and highlights its ability to execute large-scale energy developments safely and responsibly in challenging operating conditions."

Industrial Info is tracking more than $20 billion in offshore ExxonMobil projects, including floating liquefied natural gas production facilities. Among the largest offshore projects wrapping up is the Julia field in the Gulf of Mexico. The project is a 50:50 joint venture with Statoil. The project kicked off in 2015 and is expected to be completed in the coming months. The Julia field project will produce 34,000 BBL/d when completed. McDermott International Incorporated (Houston, Texas) is providing EPC work on the project. For more information, see Industrial Info's project report.

For offshore natural gas, ExxonMobil is performing project justification for the development of the Neptun natural gas field, located about 100 miles off the Romanian coast. If developed, the field will produce 630 million cubic feet per day of natural gas. For more information, see Industrial Info's project reports on the field development and drilling program. A proposed subsea pipeline would carry the gas onshore. For more information, see Industrial Info's project report on the pipeline.

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