CALGARY, ALBERTA–(Marketwired – Nov. 28, 2017) – Suncor today confirmed that it has been advised by the operator of the Hebron project, ExxonMobil Canada, that Hebron produced its first barrel of oil on Nov. 27, 2017.
At peak, Hebron is expected to produce up to 150,000 barrels of oil per day with approximately 31,000 barrels of oil per day net to Suncor. Suncor holds a 21 per cent interest in the project.
“I’d like to acknowledge the co-venturers and the operator, ExxonMobil Canada for bringing this project on line safely and ahead of schedule,” said Steve Williams, Suncor president and chief executive officer. “Hebron is a significant addition to our profitable offshore portfolio. It maintains Suncor’s position as the only company with ownership in all major producing assets off the East Coast of Canada.”
Hebron is an oil field located offshore Newfoundland and Labrador in the Jeanne d’Arc Basin 350 kilometres southeast of St. John’s, the capital of Newfoundland and Labrador. The Hebron Project co-venturers are: Chevron Canada Limited, ExxonMobil Canada Properties (operator), Nalcor Energy – Oil and Gas, Statoil Canada Ltd. and Suncor Energy Inc.