{"id":721390,"date":"2026-06-07T17:39:09","date_gmt":"2026-06-07T17:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/721390\/"},"modified":"2026-06-07T17:39:09","modified_gmt":"2026-06-07T17:39:09","slug":"hibernia-hits-highest-production-in-five-years","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/721390\/","title":{"rendered":"Hibernia Hits Highest Production in Five Years"},"content":{"rendered":"<p>\t\t\t\t&#13;<\/p>\n<p>\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/06\/kerry-moreland.png\" class=\"header-image\" alt=\"Hibernia Hits Highest Production in Five Years\"\/><\/p>\n<p class=\"wp-caption-text\">Kerry Moreland, President of ExxonMobil Canada (VOCM).<\/p>\n<p>Production at Hibernia and Hebron was strong over the last year and the president of ExxonMobil is expecting that momentum to continue.<\/p>\n<p>Kerry Moreland provided updates on both projects at the Energy NL conference earlier this week.<\/p>\n<p>On Hibernia, she says 2025 was an \u201cexceptional\u201d year, including the execution of a\u00a06-well program.<\/p>\n<p>Moreland says Hibernia is currently on track to deliver its highest production in five years. In April, production averaged over 102,000 barrels per day.<\/p>\n<p>She says continued strong performance is expected to \u201clargely offset declines over the next decade,\u201d which she attests is \u201cabsolutely no small feat for a mature asset that has been producing for nearly 29 years.\u201d<\/p>\n<p>Moreland expects production will be extended \u201cwell beyond\u201d Hibernia\u2019s original 30-year\u00a0asset life.<\/p>\n<p>She says production at Hebron has reached \u201crecord levels.\u201d<\/p>\n<p>In February, Hebron achieved its highest average monthly production of 172,000 barrels of oil per day, with its highest-ever peak rate of 184,000 barrels.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Kerry Moreland, President of ExxonMobil Canada (VOCM). Production at Hibernia and Hebron was strong over the last&hellip;\n","protected":false},"author":2,"featured_media":721391,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[45,49,48],"class_list":["post-721390","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ca","tag-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/721390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=721390"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/721390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/721391"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=721390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=721390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=721390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}