Insight
Atlantic Canada Upstream: 2018 in review
Report summary
2018 was a busy year in Atlantic Canada for all aspects of offshore development. The Hebron project continued to ramp up ahead of expectations, while development drilling programs are currently underway at all four producing projects in Newfoundland and Labrador. Husky announced exploration success at its White Rose project, with BP filing for an environmental assessment to begin exploration of the Orphan Basin. To cap it off, the 2018 call for bids from the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) fetched a record amount of work commitments totalling Cdn$1.4 billion.
Table of contents
- Executive Summary
- Licensing returns with a bang
- Bay du Nord moves forward
- Nova Scotia exploration disappoints
-
Exploration strengthens
- Husky continues exploration success at White Rose
- BP kicks off Orphan Basin exploration process
- Hebron continues strong ramp up
- Safety and environmental hiccups
- Drilling activity strengthens
- What's next?
Tables and charts
This report includes 3 images and tables including:
- NL18 bid results
- Bay du Nord production
- Newfoundland drilling activity
What's included
This report contains:
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