Hibernia crude

Chevron Canada Resources · AB

Desk
Light / conventional crude
HS code
270900
Description
Light conventional crude from the Hibernia Field and Hibernia Southern Extension, Jeanne d'Arc Basin, offshore Newfoundland and Labrador. Company Canada offshore page: 26.9% nonoperated working interest in Hibernia and 23.7% nonoperated interest in HSE; net daily Hibernia crude 14,000 barrels in 2023. Parent 2025 Form 10-K: 26.9% Hibernia and 24.1% unitized HSE; Canada upstream concentrated in offshore Atlantic after selling AOSP and Duvernay in December 2024. Chevron crude-marketing page: Hibernia crude is produced in Canada in the Jeanne d'Arc Basin and loaded at the IMTT-operated NTL Terminal in Newfoundland; can also be delivered directly to market on field-dedicated shuttle tankers; typical cargo 575 thousand barrels FOB NTL or 845 thousand barrels delivered to market; cargoes typically sold with pricing based off Brent (Dtd) quotes. Equinor 1 Oct 2025 assay: Hibernia Blend, light, medium sulphur, Canada, 33.9 API. ExxonMobil 2025 assay: origin Newfoundland, 33.9 API. Not gasoline, diesel or jet. Not AOSP synthetic crude (sold).
Form
bulk
Stage
ore
Cold chain
no
Incoterms
FOB NTL

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