The Hebron offshore oil platform, located off the coast of Newfoundland and Labrador, began pumping oil at 11:03 am on November 27, 2017.
These are the first barrels of an expected 700 million barrels of oil located under the ocean floor in the Hebron oil field. The Hebron oil field was discovered in 1980 in the Jeanne d'Arc Basin, about 350 kilometres southeast of St. John's, Newfoundland.
The Hebron platform is a massive gravity-based structure that is 230 metres high and that weights 750,000 tonnes. The structure was towed to the drilling site in June of this year. Production has begun ahead of schedule. It's expected that the platform will produce up to 150,000 barrels of oil per day at peak production.
The Government of Newfoundland and Labrador estimates that the project will generate $10 billion in royalties and benefits to the province over the next 20 years. The Hebron project is a partnership among ExxonMobil Canada, Chevron Canada, Suncor Energy, Statoil Canada and the Newfoundland and Labrador Crown corporation, Nalcor Energy.
According to the Hebron operators, during its eight-year engineering, construction and startup phase, the Hebron project contracted hundreds of vendors throughout the province of Newfoundland and Labrador and created about 7,500 jobs during the peak of the construction phase. The project achieved more than 40 million hours without a lost-time injury during construction.
Read more:Financial Post: ExxonMobil's Hebron platform pumps first oil off Newfoundland and Labrador