Hibernia is a producing conventional oil field located in shallow water in Canada and is operated by Hibernia Management and Development. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field has water depth of 295 feet. Buy the profile here.
Field participation details
The field is owned by Canada Hibernia Holding, Chevron, Equinor, Exxon Mobil, Murphy Oil and Suncor Energy.
Production from Hibernia
The Hibernia conventional oil field recovered 83.38% of its total recoverable reserves, with peak production in 2004. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 1% of the country’s daily output.
About Hibernia Management and Development
Hibernia Management and Development Co Ltd (Hibernia Management) provides oil and gas services which owns and operates an offshore and onshore field. The company provides docking facilities for the support vessels, lay-down and marshaling areas on the waterfront. It offers materials handling equipment, such as crane and forklift services, local transportation of materials to the site, and containers to transport goods to and from the platform. The company’s platform components include gravity base structure (GBS), topsides and offshore loading system (OLS). Hibernia Management is headquartered in St. John's, Newfoundland and Labrador, Canada.
For more details on the Hibernia Conventional Oil Field, buy the profile here.
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