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9 Pages

East Coast Canada - a review of 2012


East Coast Canada - a review of 2012

Report summary

Two record-breaking Nova Scotian licensing rounds were the highlight of 2012 activity in Canada's East Coast. Shell and BP placed Cdn$2.0 billion in work commitments for 10 deepwater blocks located in an underexplored area southwest of the Sable sub-basin, which holds the Sable Island and Deep Panuke gas projects. This year, Shell plans to shoot 3D seismic on four of its blocks. An offshore exploration well has not been drilled in Nova Scotia since 2006, but this new interest could,

What's included?

This report includes 2 file(s)

  • East Coast Canada - a review of 2012 PDF - 534.51 KB 9 Pages, 0 Tables, 6 Figures
  • East coast Canada a review of 2012.xls XLS - 238.50 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.

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  • Executive summary
  • Leasing activity
    • Nova Scotia shatters records
    • Newfoundland and Labrador license blocks in Laurentian sub-basin
  • Exploration and development activity
    • Nova Scotia
      • Shell shoots seismic
      • Deep Panuke delayed yet again
      • Onshore exploration continues despite fracking moratorium
      • LNG export proposed in Goldboro
    • Newfoundland and Labrador
      • Exploration drilling stalls
      • ExxonMobil sanctions Hebron
      • Turnarounds suspend production at Terra Nova and White Rose
      • Hibernia drilling continues
      • Onshore players appraise oil Green Point shale and Flat Bay oil fields
    • New Brunswick
    • Québec
      • Petrolia and Junex explore Québec mainland
      • Anticosti Island's Macasty shale under delineation
    • Old Harry drilling pending governmental approval
  • Appendix – economic assumptions

In this report there are 6 tables or charts, including:

  • Executive summary
  • Leasing activity
    • Nova Scotia offshore acreage issued
    • Newfoundland and Labrador offshore acreage issued
  • Exploration and development activity
    • Nova Scotia offshore exploration and appraisal wells
    • Newfoundland and Labrador offshore exploration and appraisal wells
    • Newfoundland and Labrador offshore oil production
  • Appendix – economic assumptions
    • East Coast Canada 2012 activity map
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