The staff of the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) have updated the most likely Estimated Ultimate Recovery (EUR) for the Hibernia Field.
The Proven and Probable (2P) EUR for the Hibernia Field is now 1812 million barrels of oil, based on data acquired from drilling and production activities along with an updated, long-term drill schedule. The previous 2P EUR from 2014 was 1644 million barrels.
The Petroleum Resources Management System adopted by the C-NLOPB defines EUR as the quantities of petroleum estimated to be recoverable as of a given date plus the quantities that have been already produced.
Further information on estimated recoverable Reserves and Resources, including updated gas resource estimates, can be found here.
Media Contact
Lesley Rideout
Communications Lead
(709) 725-2900
lrideout@cnlopb.ca
Any reference in the News Release Archive to C-NLOPB e-mail addresses may have changed or been updated. All current e-mail correspondence with the Board contain @cnlopb.ca notwithstanding the address in the respective news release.
News Releases 2022
| Date | Update |
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| 2022, Dec 16 | Charges Laid Against Suncor Energy Inc. in Relation to Injured Worker on Terra Nova FPSO in December 2019 Incident |
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| 2022, Nov 2 | C-NLOPB Releases Results for 2022 Calls for Bids |
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| 2022, Sep 20 | C-NLOPB Announces 2022 Call for Nominations (Parcels) in the Jeanne d’Arc Region |
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| 2022, Sep 2 | Charges laid against Transocean Canada Drilling Services Ltd. in relation to the September 6, 2019 Injured Worker on the MODU Transocean Barents |
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| 2022, Jul 5 | Charges Laid Against Hibernia Management and Development Company Ltd. in Relation to the July 17, 2019 Spill from the Hibernia Platform |
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| 2022, Jun 24 | C-NLOPB Announces Update of Reserve Estimate for the Hibernia Field |
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| 2022, May 16 | C-NLOPB Identifies New Sector for Scheduled Land Tenure in the Eastern Newfoundland Region |
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| 2022, May 11 | C-NLOPB Announces 2022 Calls for Bids in the Eastern Newfoundland and South Eastern Newfoundland Regions |
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| 2022, Apr 26 | C-NLOPB Announces Update of Reserve Estimate for the North Amethyst Field |
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| 2022, Apr 8 | C-NLOPB Issues Administrative Monetary Penalty to Hibernia Management and Development Company Ltd. in Response to August 2019 Spill |
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| 2022, Apr 8 | C-NLOPB Rescinds Order Respecting Essential Employees |
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| 2022, Mar 28 | Bilingual Services now available at the C-NLOPB, including new French website |
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| 2022, Feb 14 | C-NLOPB Reflects on the 40th Anniversary of the Ocean Ranger Disaster |
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| 2022, Jan 14 | C-NLOPB Issues Call for Nominations for Areas of Interest (Eastern Newfoundland) |
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