Asset Report
Hibernia Project
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Hibernia Project is located in the Jeanne d'Arc Basin, 315 kilometres to the southeast of St John's, Newfoundland. The original Hibernia field was discovered in 1979 and brought onstream in November 1997. The development was delayed initially due to uncertain fiscal terms and subsequently the oil-price fall of 1986.Hibernia is a fixed platform consisting of a gravity-based structure and production topsides. A 1.4-metre thick outer concrete wall is designed to protect the ...
Table of contents
- Summary
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Key Issues
- Water injection line failure
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Ocean Ranger Disaster
- 2019 spill events
- Emissions
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Key Development Metrics
- Wells
- Gravity Based Structure (GBS) Summary
- Platform Construction
- Top Side
- Field Commissioning
- Ice Management
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Capital Costs
- Original Hibernia field
- Hibernia South
- Operating Costs
- Hibernia Royalty
- Hibernia NPI
- Hibernia South Royalty
- 6 more item(s)...
Tables and charts
This report includes the following images and tables:
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Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Hibernia Field Schematic
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Hibernia Development SchematicOperating Costs 2025 to 2034 (US$ million)Cash Flow (US$)PV Table (US$)Summary Table (US$)Split of RevenuesCumulative Net Cash Flow - UndiscountedCumulative Net Cash Flow - Discounted at 10% from 01/01/2026Remaining Present Value Price Sensitivities
- 19 more item(s)...
What's included
This report contains:
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