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ExxonMobil to spend $14 billion for Hebron project off Newfoundland coast

2013-01-04 19:48:38| Oil & Gas - Topix.net

Exxon Mobil Corp. says it plans to spend $14 billion to develop the Hebron offshore oil field off Canada's east coast over the next few years.

Tags: project spend coast billion

 

ExxonMobil Announces Hebron Oil Project to Proceed off Canada's East Coast

2013-01-04 13:00:00| oilandgasonline News Articles

Exxon Mobil Corporation announced recently it will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase versus earlier estimates. Capital cost for the project, which is expected to begin oil production around the end of 2017, is estimated at $14B. The platform is being designed for daily production of 150,000 barrels of

Tags: project east oil coast

 
 

ExxonMobil Announces Hebron Oil Project To Proceed Off Canada's East Coast

2013-01-04 13:00:00| oilandgasonline News Articles

Exxon Mobil Corporation announced recently it will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase versus earlier estimates.

Tags: project east oil coast

 

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