Asset Report

Bay du Nord Cluster

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Bay du Nord will be Newfoundland & Labrador's fifth offshore project if it achieves FID and gets developed. It would be the first in the deeper waters of the Flemish Pass. In July 2018 a development plan was agreed upon. Equinor indicated a possible sanctioning date of April 2021 with FEED contracts potentially awarded in 2020 and first production in 2025. However, due to the dramatic oil price drop in early 2020, the project was postponed to a 2028 expected production start date. ...

Table of contents

    • Key Development Metrics
    • Wells
    • FPSO
    • Capital Costs
    • Operating Costs
  • Cash flow
  • Oil price
  • Global Economic Model (GEM)
    • Bay du Nord, Baccalieu, Bay de Verde and Harpoon
    • Cappahayden
    • Cambriol

Tables and charts

This report includes the following images and tables:

    Index MapDetail MapBay du Nord
    Cappahayden & CambriolBay du Nord and satellitesCappahayden & CambriolReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2027-2036)Bay du Nord and satellitesCappahaydenCambriol
  • 23 more item(s)...

What's included

This report contains:

  • Document

    Bay du Nord Cluster

    XLS 1.03 MB

  • Document

    Bay du Nord Cluster

    PDF 3.74 MB