ExxonMobil Files Development Plans for Hebron
Friday, April 29, 2011
Rigzone Staff
ExxonMobil has filed a development application with the Newfoundland and Labrador regulatory board for the Hebron project. The Board is in the process of reviewing the application. Once the application has gone through the review process, the Board will begin a public review period.
A review of the merits of the project will not commence until the Board is satisfied that it has received a complete application. ExxonMobil and its partners have yet to file a benefits plan and other supporting documentation in connection to the application. These documents are expected to be provided to the Board by early May.
The Hebron Project is located offshore St. John's Newfoundland and Labrador in the Jeanne d'Arc Basin in the North Atlantic Ocean. Production is expected to begin no later than the end of 2017. This will be the fourth stand-along development project on the Grand Banks. Oil from Hebron will be produced from a concrete gravity base structure (GBS). The scope of the project is expected to span over 30 years from the initial development phase, through installation and operations, decommissioning and abandonment. The facility will be designed to handle an estimated production rate of approximately 150,000 barrels of oil per day, which can potentially increase to 180,000 barrels of oil per day.
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