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2009: First hydraulic fracturing of a horizontally drilled well in New Brunswick in the McCully area. [59] 2009: Start of exploratory drilling and hydraulic fracturing in the Elgin area, south of Petitcodiac. [59] 2009–2010: The first shale-targeted wells are drilled in New Brunswick – four wells in the Elgin area, south of Petitcodiac.
Exploration in those areas involves huge machines, complex logistical support systems, and large volumes of capital. Offshore wells in the Canadian sector of the Beaufort Sea have cost more than $100 million. Across the International border, a well drilled in the US sector of the Beaufort – Mukluk by name – cost $1.5 billion, and came up dry.
Beginning in 2013, this exploratory hydrocarbon drilling project was conducted by Shell Canada about 250 km southeast of Halifax, Nova Scotia. Between 2013 and 2015, seven exploration wells have been proposed. The project took place in the Shelburne Basin, which has been a consistent source for Nova Scotian hydrocarbon production. [5]
The rhetorical tack from Trump is also a way to try and wave away questions about the costs of his other ideas, from extending his 2017 tax cuts to a call for free IVF coverage to a new policy ...
A person fishes with offshore oil and gas platform Esther in the distance on January 5, 2025 in Seal Beach, California. President Joe Biden has permanently banned future offshore oil and gas ...
The Biden administration has issued more permits for oil and gas drilling on public land per month than the Trump administration did in its first three years, according to a new analysis of ...
The refinery was built in 1960 as a partnership between Irving Oil and Standard Oil Co. of California (SOCAL, today known as Chevron) on a 780-acre (320 ha) site in Saint John, New Brunswick. It was built to allow for expansions, the first of which occurred in 1971 and then again in 1974. In 2000, a larger, $1.5 billion upgrade was completed. [4]
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