Hebron is an offshore oil field estimated to contain more than 700 million barrels of recoverable resources. The field was first discovered in 1980, and is located offshore Newfoundland and Labrador (NL) in the Jeanne d'Arc Basin. First production on the Hebron platform began in June 2017.
Reserves and CO2 Emissions
The field has an estaimate recoverable reserves of 700 million barrels of oil. At peak, the platform will be capable of producing 150,000 barrels per day.
Due to its cold water location in the harsh North Atlantic environment, Hebron pioneered cutting edge engineering, which will be applied in the future in development of Arctic offshore resources.
ExxonMobil Canada Properties, Chevron Canada Limited, Suncor Energy, Statoil Canada, Nalcor Energy-Oil and Gas
The project cost $14 billion.
Potential ESG Risks
Status of Project
Domestic Political Situation
Articles and resources
- "Hebron Project Produces First Oil," Hebron, 28 November 2017
- "New Hebron offshore oil platform a Canadian engineering marvel," The Conversation, 12 March 2018