Pioneering offshore excellence
Hibernia Management and Development Company Ltd. (HMDC) was formed in 1990 by a consortium of oil companies to develop their interests in the Hibernia and Avalon reservoirs offshore Newfoundland in a safe and environmentally responsible manner. The reservoirs are located 315km ESE of St. John`s in the North Atlantic. The water depth is about 80m. The entire Hibernia field is estimated to contain more than three billion barrels of oil in place and the owners development plan area is estimated to contain two billion barrels. Recoverable reserves are estimated to be approximately 615 million barrels. The Hibernia reservoir, the principle reservoir, is located at an average depth of 3,700m. HMDC is building a large concrete gravity based structure (GBS) that which will support the platform drilling and processing facilities and living quarters for 280 personnel. In 1997 the platform will be towed to the production site and production will commence late 1997. Oil will be exported by a 2 km long pipeline to an offshore loading system. Dynamically positioned tankers will then take the oil to market. Average daily production is expected to plateau between 125,000 and 135,000 BOPD. It will be the first major development on the east coast of Canada and is located in an area that is prone to pack ice and icebergs.
- OSTI ID:
- 391117
- Report Number(s):
- CONF-960623-; TRN: 96:004554-0037
- Resource Relation:
- Conference: International conference on health, safety and environment in oil and gas exploration products, New Orleans, LA (United States), 9 Jun - 12 Sep 1996; Other Information: PBD: 1996; Related Information: Is Part Of The third international conference on health, safety & environment in oil and gas exploration and production. Proceedings - Volume 1; PB: 941 p.
- Country of Publication:
- United States
- Language:
- English
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