News Releases 2009

C-NLOPB Marks ‘One Billion Barrels’ Milestone

For Immediate Release
January 26, 2009

On Friday, January 23, 2009, the Newfoundland and Labrador Offshore Oil and Gas Industry produced its one billionth barrel of crude oil since production started in 1997.

Presently, there are three producing fields offshore Newfoundland and Labrador: Hibernia, operated by the Hibernia Management and Development Company; Terra Nova, operated by Petro-Canada; and White Rose, operated by Husky Energy. In 2008, Hibernia produced an average of 4.2 million barrels per month. Terra Nova produced an average of 3.2 million barrels per month and White Rose produced an average of 3.1 million barrels per month.

“The one billion barrel mark is a significant milestone for the Newfoundland and Labrador oil and gas industry and I want to commend present and former staff of the C-NLOPB for the important work they do in the development of the local offshore oil and gas industry,” said Max Ruelokke, Board Chair and CEO. “As well, on behalf of Board members and our staff, I extend congratulations to the Hibernia Management and Development Company, Petro-Canada, Husky Energy, and all the partners, along with all offshore and onshore workers who played a part in achieving this very significant milestone.”

The success of the three projects has created thousands of jobs for people in this province directly and indirectly and has contributed billions of dollars to the economies of Canada and Newfoundland and Labrador.

 

MEDIA CONTACT:

Sean Kelly APR
Manager, Public Relations
(709) 778-1418
(709) 689-0713 (cell)
skelly@cnlopb.nl.ca


News Releases 2009

DateUpdate
2009, Nov 20C-NLOPB Releases Results of 2009 Calls for Bids
2009, Sep 282009 Call for Nominations
2009, Sep 16C-NLOPB Core Storage and Research Centre (CSRC) Undergoing Expansion
2009, Sep 2Hibernia Development Plan Amendment (AA Block) Approved
2009, Aug 19Public Invited to Comment on Draft Strategic Environmental Assessment Report – Southern Newfoundland
2009, Aug 18C-NLOPB Releases 2008-09 Annual Report
2009, May 28C-NLOPB Announces 2009 Calls For Bids
2009, May 25C-NLOPB Announces Commission of Inquiry Terms of Reference
2009, Apr 22Comments sought on the Environmental Assessment Scoping Document for the Hebron Development Project
2009, Apr 16C-NLOPB Announces Appointment of Commissioner of Inquiry
2009, Apr 8C-NLOPB Announces Inquiry Into Worker Safety Associated With Helicopter Crash
2009, Mar 20C-NLOPB SAYS NO SAFETY ISSUES HAVE BEEN IDENTIFIED WITH SUITS USED FOR TRANSPORTING OFFSHORE WORKERS
2009, Mar 13C-NLOPB REACTS TO LOSS OF COUGAR’S FLIGHT 491
2009, Jan 26C-NLOPB Marks ‘One Billion Barrels’ Milestone