Asset Report
Canada (East Coast) Grand Banks exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Grand Banks is a passive margin basin off the coast of Newfoundland and can be divided into three distinct sub-basins: the mature Jeanne d'Arc, and the frontier Flemish Pass and Orphan. Drilling in the Jeanne d'Arc will mostly focus on near-field prospects. In the Flemish Pass deepwater sector, movement of Bay du Nord towards FID, along with recent acreage licensing, should spur another wave of exploration. Most recently, frontier western and eastern Orphan blocks were licensed, some by newcomers to the region. Vast areas across the Flemish Pass and Orphan sub-basins remain unexplored and are believed to contain world-class oil prospects. Harsh conditions, the remote location and water depths that range up to extreme depths will present numerous challenges to operators. Despite all these challenges, there is opportunity to create value in the basin.
Table of contents
-
Summary of commercial outlook
- Advantages:
- Challenges:
- Jeanne d’Arc
- Flemish Pass
- Orphan
- Wells drilled
-
Prospective resources by play
- Jeanne d'Arc
- Flemish Pass
- Orphan
- Prospective resource costs and underlying development assumptions
- Prospect economics - Jeanne d'Arc
- Prospect economics - Flemish Pass
- Prospect economics - Orphan sub-basin
- Full-cycle basin economics
- Licensing
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key reservoir characteristics
- Key reservoir characteristics
- Key reservoir characteristics
- Exploration history map
- Drilling activity by well type
- Discoveries and success rates
- Top 10 discoveries
- Current acreage holders
- Jeanne d'Arc
- Flemish Pass
- Orphan
- Summary of discovery and development costs
- 21 more item(s)...
What's included
This report contains:
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