BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR PRIVACY & COOKIE NOTICE
X


Eastern Canadian producers to offer as many as 10 January crude cargoes: source

Houston (Platts)--22 Nov 2017 520 pm EST/2220 GMT


Producers operating off the coast of the eastern Canadian province of Newfoundland and Labrador will offer as many as 10 crude cargoes for January loading, a source with knowledge of the program said.

Five cargoes of Hibernia crude plus one potential direct-to-market cargo are scheduled to load in January, compared with seven in December, the source said. The Hibernia project is co-owned by ExxonMobil (33.125%), Chevron (26.875%), Suncor (20%), Canada Hibernia Holding (8.5%), Murphy Oil (6.5%) and Statoil (5%).

There will be two cargoes of Terra Nova available in January, compared with one in December, the source said. Suncor, the operator of Terra Nova, has a 37.675% stake. The other partners in the field are ExxonMobil (19%), Statoil (15%), Husky Energy (13%), Murphy Oil (10.475%), Mosbacher Operating (3.85%) and Chevron (1%).

There will be two cargoes of White Rose available in January, the same as in December, the source added. Husky operates the White Rose field with a 72.5% stake, while Suncor holds the remaining 27.5%.

--Pat Harrington, patrick.harrington@spglobal.com

--Edited by Keiron Greenhalgh, keiron.greenhalgh@spglobal.com


Request a free trial of: Crude Oil Marketwire Crude Oil Marketwire
Crude Oil Marketwire

Crude Oil Marketwire delivers vital intelligence to help you make critical decisions. Delivered daily direct to your desktop, Crude Oil Marketwire provides detailed market information, including crude oil price spreads, daily crude oil forwards, trade updates, industry officials' commentary, futures settlement prices, and much more to keep you totally up to speed with the latest developments.

Request a free trial Request More Information




Copyright © 2018 S&P Global Platts, a division of S&P Global. All rights reserved.