Insight
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7 Pages

East Coast and Arctic Canada Upstream: 2014 in review


East Coast and Arctic Canada Upstream: 2014 in review

Report summary


Newfoundland saw a record lease commitment by ExxonMobil, Suncor and ConocoPhillips in the exploration hot spot of the Flemish Pass. Statoil and Husky brought in the West Hercules rig to drill two prospects and a Bay du Nord appraisal well - success could further propel the region into the limelight. To the south, two Nova Scotia farm-in agreements added to the companies seeking to open up a new deep water region in the Shelbourne Basin.

What's included?

This report includes 2 file(s)

  • East Coast and Arctic Canada Upstream: 2014 in review PDF - 610.06 KB 7 Pages, 0 Tables, 8 Figures
  • East coast and arctic canada a review of 2014.xls XLS - 344.00 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • Executive summary
  • Exploration
    • Active development drilling gives way to late-year pick up in exploration
    • Arctic drilling stays quiet
  • Farm-ins add three companies to Nova Scotia's list of deepwater explorers
  • Seismic update
  • BP 3-D WAZ
    • GXT Span Project
    • Flemish Pass 3-D
  • Land sale results
  • Newfoundland developments face pricing uncertainty
    • Hebron still on track
    • West White Rose delayed
    • Deep Panuke
  • Fracturing restrictions
  • Heavy oil shipped to Europe
  • Conclusion

In this report there are 8 tables or charts, including:

  • Executive summary
  • Exploration
    • Exploration and appraisal drilling activity
  • Farm-ins add three companies to Nova Scotia's list of deepwater explorers
  • Seismic update
    • Acquired 2D seismic
    • Acquired 3D seismic
  • BP 3-D WAZ
  • Land sale results
    • East Coast Canada map of blocks on offer
    • Newfoundland secures record Flemish Pass bid, no bidders on Nova Scotia offerings
    • Only one Arctic licence awarded in 2014
  • Newfoundland developments face pricing uncertainty
    • Newfoundland oil production
    • Nova Scotia and New Brunswick gas production
  • Fracturing restrictions
  • Heavy oil shipped to Europe
  • Conclusion
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