YOUR FRIENDS' ACTIVITY

    Exxon sees 700M barrels of oil from Canada field

    Exxon Mobil says field it's developing off the coast of Canada to yield 700M barrels of oil

    Associated Press – Fri, Jan 4, 2013

    IRVING, Texas (AP) -- Exxon Mobil Corp. said Friday that a field it's developing off the east coast of Canada is expected to produce more than 700 million barrels of oil.

    The Hebron project, projected to cost $14 billion, will start production in late 2017. Exxon expects daily production of 150,000 barrels of oil.

    Exxon's partners in the project include Chevron Corp., Suncor Energy Inc., Statoil and Nalcor Energy Oil and Gas.

    Plans for the project come in the midst of an energy boom in the region. Exxon has predicted that North America will become a net exporter of oil and natural gas by the middle of the next decade.

    The Irving, Texas, company said that development of the Hebron oil field, which received regulatory approvals in May, could create 3,500 jobs.

    Loading...

    More Science News

     

    News for You »

    • Fired for word: 'Negro' in Spanish class

      One of the first lessons one learns in English class is that context is everything. The same holds true in Spanish.

    • Trucker bumps I-5 bridge, sees tragedy behind him

      MOUNT VERNON, Wash. (AP) — The trucker was hauling a load of drilling equipment when his load bumped against the steel framework over an Interstate 5 bridge. He looked in his rearview mirror and watched in horror as the span collapsed into the water behind him. Two vehicles fell into the icy Skagit River.

    • Cycling-Road-Giro d'Italia classification after stage 20

      May 25 (Infostrada Sports) - Classification from Giro d'Italia after Stage 20 on Saturday 1. Vincenzo Nibali (Italy / Astana) 79:23:19" 2. Rigoberto Uran (Colombia / Team Sky) +4:43" 3. Cadel Evans (Australia / BMC Racing) +5:52" 4. Michele Scarponi (Italy / Lampre) +6:48" 5. Carlos Betancur (Colombia / AG2R) +7:28" 6. Przemyslaw Niemiec (Poland / Lampre) +7:43" 7. Rafal Majka (Poland / Saxo - Tinkoff) +8:09" 8. Benat Intxausti (Spain / Movistar) +10:26" 9. Mauro Santambrogio (Italy / Vini Fantini) +10:32" 10. Domenico Pozzovivo (Italy / AG2R) +10:59" 11. ...

    • Damage reported from magnitude-5.7 quake in Calif.

      GREENVILLE, Calif. (AP) — Residents in rural northeastern California assessed damage to their homes and businesses Friday from a magnitude-5.7 earthquake, one of the strongest temblors to hit the densely forested region in decades.

    • Multiple aftershocks follow 5.7 quake in N. Calif.

      GREENVILLE, Calif. (AP) — At least 22 aftershocks have struck following an earthquake in far northeastern California that was felt as far away as San Francisco and in two other states.

    • The Video of the Washington Bridge Collapse Is Terrifying

      Seattle's KIRO-TV got their hands on surveillance video capturing the very moment when a too-heavy truck starts crossing the bridge and the supports start to collapse. You can see the next truck start to cross the bridge as the whole thing is coming apart. It is a terrifying video. Watch the whole thing below: 

    • No Wonder Republican Criticism of Obama Isn’t Working

      Henny Youngman, the late borscht belt comedian, told hundreds of politically incorrect jokes. One of them was his response when asked, “How’s your wife?” “Compared to what?” he’d say.

    • Magnitude 5.7 quake strikes Northern California

      (Reuters) - A magnitude 5.7 earthquake struck Northern California on Thursday, according to the U.S. Geological Survey. The epicenter of the quake was 6 miles northwest of the town of Greenville, and near the smaller community of Canyondam, the USGS said. There were no immediate reports of injuries. Allen Shephard, a hunting and fishing guide at Quail Lodge at Lake Almanor in Canyondam, said the quake knocked him "right off the couch and onto the floor." The floor of the lodge was littered with broken dishware, and cabinets were in disarray, said Shephard, 62. ...

    Show More
    Loading...

    Follow Yahoo! News