Hibernia oil field

Hibernia REIT plc Trading Update

Retrieved on: 
Tuesday, July 27, 2021

Ahead of its Annual General Meeting being held at noon today, Hibernia REIT plc ("Hibernia" or the "Group") issues a trading update relating to the period from 1 April 2021 to date.

Key Points: 
  • Ahead of its Annual General Meeting being held at noon today, Hibernia REIT plc ("Hibernia" or the "Group") issues a trading update relating to the period from 1 April 2021 to date.
  • Following a tender process, Savills has been appointed and will undertake its first valuation of the Hibernia property portfolio in September 2021.
  • At 30 June 2021 Hibernia had net debt of 273m and cash and undrawn facilities of 122m.
  • Hibernia REIT plc is an Irish Real Estate Investment Trust ("REIT"), listed on Euronext Dublin and the London Stock Exchange.

XRI Announces Acquisition of Hibernia’s Water Infrastructure Assets

Retrieved on: 
Thursday, May 27, 2021

XRI Holdings, LLC (XRI or the Company), the leading full-cycle water management and midstream company with fixed infrastructure owned throughout the Permian Basin, announced today that it has acquired the produced water infrastructure assets of Hibernia Energy III, LLC (Hibernia) through its wholly-owned subsidiary, Celtic Disposal, LLC (Celtic).

Key Points: 
  • XRI Holdings, LLC (XRI or the Company), the leading full-cycle water management and midstream company with fixed infrastructure owned throughout the Permian Basin, announced today that it has acquired the produced water infrastructure assets of Hibernia Energy III, LLC (Hibernia) through its wholly-owned subsidiary, Celtic Disposal, LLC (Celtic).
  • We are delighted with the acquisition of these first-class produced water infrastructure assets and look forward to a long-term commercial partnership with a premier operator like Hibernia, said XRI CEO Matthew Gabriel.
  • Hibernias produced water assets directly overlay XRIs existing midstream infrastructure and recycling assets in the Midland Basin, an area where XRI has significant operating expertise and deep customer relationships that will support further commercialization of the acquired produced water infrastructure assets.
  • XRI is the leading full-cycle water management and produced water midstream company with advanced water recycling and sustainable water infrastructure.

Hibernia Resources III & Cold Bore Technology Announce Results from 2020 Drive to Digitize Completion Operations

Retrieved on: 
Tuesday, November 17, 2020

Cold Bore Technology Inc. (Cold Bore), a leader in completion optimization technology and Houston-based Permian Basin oil and natural gas producer, Hibernia Resources III (Hibernia), announced today results from digitized completion operations during 2020.

Key Points: 
  • Cold Bore Technology Inc. (Cold Bore), a leader in completion optimization technology and Houston-based Permian Basin oil and natural gas producer, Hibernia Resources III (Hibernia), announced today results from digitized completion operations during 2020.
  • View the full release here: https://www.businesswire.com/news/home/20201117005082/en/
    Hibernia cuts non pumping time by over 50% on pads during 2020 (Graphic: Business Wire)
    Hibernia deployed Cold Bore Technologys SmartPAD across 100% of its 2020 operations.
  • During the 2020 campaign, due to a gap in operations, Hibernia was forced to swap several crews out.
  • Cold Bore Technology Inc. (Cold Bore) is a global leader in completion optimization technology, developing the first Completions Operating System through Cold Bores SmartPAD service.

Hibernia Resources Drives Major Safety and Efficiency Gains with SmartPAD™ Completions Operating System

Retrieved on: 
Tuesday, June 23, 2020

Cold Bore Technology Inc. (Cold Bore), a leader in completion optimization technology, announced today results from a partnership with Permian-based oil and gas producer, Hibernia Resources (Hibernia).

Key Points: 
  • Cold Bore Technology Inc. (Cold Bore), a leader in completion optimization technology, announced today results from a partnership with Permian-based oil and gas producer, Hibernia Resources (Hibernia).
  • SmartPAD has given us the ability to improve our operations across the board.
  • said John Blevins, Chief Operating Officer at Hibernia.
  • Cold Bore Technology Inc. (Cold Bore) is a global leader in completion optimization technology, developing the first Completions Operating System through Cold Bores SmartPAD service.

NarrativeWave and Hibernia Announce 2-Year Agreement

Retrieved on: 
Friday, April 3, 2020

Hibernia will use NarrativeWave's software to optimize production and detect anomalies in the operation of their oil and gas wells.

Key Points: 
  • Hibernia will use NarrativeWave's software to optimize production and detect anomalies in the operation of their oil and gas wells.
  • "We chose NarrativeWave for its ability to pull in real time data and enable us to use their builders to customize equations and analytics for our operational needs," said Miles Walker, VP of Production for Hibernia.
  • "We are excited and committed to the client relationship with Hibernia Resources," said Benjamin Decio, CEO of NarrativeWave.
  • NarrativeWave rapidly enables Hibernia to leverage its own data to optimize performance and cost savings during this crucial time in the Oil & Gas industry."

New Agreement Reached to Secure Newfoundland and Labrador's Share of Offshore Revenues

Retrieved on: 
Monday, April 1, 2019

The Agreement provides that Canada will transfer to Newfoundland and Labrador a Hibernia Dividend.

Key Points: 
  • The Agreement provides that Canada will transfer to Newfoundland and Labrador a Hibernia Dividend.
  • To that end, the Minister of Finance will travel to Newfoundland and Labrador to meet with the Premier on April 5, 2019 to advance this work.
  • Canada and Newfoundland and Labrador also agreed to work together to plan the use of the offshore area to develop petroleum resources and protect marine biodiversity.
  • Both Governments agree that a thriving offshore industry is of benefit to everyone and agree to continue to work together to strengthen collaboration and joint management of the offshore.