
The Hebron Oil Platform before being put on track (By Shhewitt – Own work, CC BY-SA 4.0, Link)
Discovered in 1980, the Hebron field is estimated to contain more than 700 million barrels of recoverable resources. The Hebron platform consists of a stand-alone gravity-based structure, which supports an integrated topsides deck that includes living quarters and drilling and production facilities. The platform has storage capacity of 1.2 million barrels of oil.
The platform is located about 350 kilometers offshore Newfoundland and Labrador in water depths of about 92 meters.
Hebron is operated by ExxonMobil affiliate, ExxonMobil Canada Properties, which holds 35.5% equity in the project. Chevron Canada Limited holds 29.6% interest, Suncor Energy Inc. holds 21%, Statoil Canada Ltd. has 9% and Nalcor Energy-Oil and Gas Inc. has 4.9 percent.
