Exxon Mobil inaugurated the Hebron field in Canada’s Newfoundland this week, just as OPEC gears up to announce extended cuts at its quarterly conference in Vienna at the end of the month, according to a new report by Bloomberg . The field will produce 150,000 barrels of oil per day at its peak – filling a supertanker worth of oil every couple of weeks. Exxon owns a 35.5 percent of shares in Hebron and Chevron, Suncor, Statoil and Nalcor hold stakes as well. “I’d like to acknowledge the co-venturers and the operator, ExxonMobil Canada for bringing this project on line safely and ahead of schedule,” Steve Williams, Suncor president and chief executive officer said in an official statement . “Hebron is a significant addition to our profitable offshore portfolio. It maintains Suncor’s position as the only company with ownership in all major producing assets off the East Coast of […]