At a glance:
- Equity interest – 8.7%
- Canada’s most prolific offshore oil project
- Includes subsea development with tiebacks to the Hibernia platform
- First oil 2011; reached 25 years since first oil production in November 2022
- Oil production to date – 124 MMbbls (gross)
- Total reserves estimated at more than 185 MMbbls of recoverable resources
- Average production is ~24,000 barrels/day
Learn more about the project at Hibernia Southern Extension