Canada-Newfoundland and Labrador Benefits Plan - Hebron Project

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Hebron Project Section 1 Benefits Plan Introduction Project delivers long-term value to shareholders and to Newfoundlanders, Labradorians and Canadians. This includes contributing to the Province’s reputation as being a source of supply, service, construction, fabrication, labour, education, training and R&D capabilities and expertise that are globally competitive in terms of safety performance, price, quality and delivery. 1.3 The Hebron Project 1.3.1 Project Description Hebron consists of multiple oil reservoirs with an estimated 600-1100 million barrels of recoverable resources. The resources were first discovered in 1981, and are located in the Jeanne d'Arc Basin 350 kilometres southeast of St. John's, Newfoundland and Labrador (Figure 1.3.1-1). It is approximately 9 kilometres north of the Terra Nova project, 32 kilometres southeast of the Hibernia project, and 46 kilometres from the White Rose project. The water depth at Hebron is approximately 92 metres. Figure 1.3.1-1: Hebron Project Location EMCP became the operator of the Project in 2008. The Hebron co-venturers are: ExxonMobil Canada Properties, Chevron Canada Resources, Petro-Canada Hebron Partnership through its managing partner Suncor Energy Inc., Statoil Canada Ltd. and Nalcor Energy - Oil and Gas Inc. The Hebron Project includes a combination of works and activities, onshore and offshore, necessary for the construction and operation of an offshore oil production system and associated facilities to allow the exploitation of the hydrocarbon resource accumulation. The primary drilling and production facilities ExxonMobil Canada Properties 1-3 April 2011
Hebron Project Section 1 Benefits Plan Introduction will sit on top of a stand-alone concrete gravity base structure (GBS) (Figure 1.3.1-2). The GBS is a reinforced concrete structure designed to withstand sea ice, icebergs, and meteorological and oceanographic conditions at the offshore Hebron Project Area. It will be designed to store approximately 190,000 m3 (1.2 Mbbl) of crude oil and be outfitted for tie-ins from subsea wells that will tap the areas beyond the reach of the platform drilling rig. Figure 1.3.1-2: Hebron Platform Schematic A full description of the Project is provided in the Hebron Development Plan. A review of the preferred and alternative production and export systems is provided in Appendix A. 1.3.2 Preliminary Project Schedule The preliminary timeline with major milestones for the construction and installation of the Hebron Platform is provided in Figure 1.3.2-1. A notional schedule for a subsea tie-back development is also described in the Hebron Development Plan. ExxonMobil Canada Properties 1-4 April 2011
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APPENDIX A PREFERRED AND ALTERNATIV
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Hebron Project Appendix A Benefits
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Appendices
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APPENDIX D CONSOLIDATED BENEFITS IN
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Canada-Newfoundland and Labrador Benefits Plan - Hebron Project

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