Search results
Results from the WOW.Com Content Network
Newfoundland and Labrador is the third largest petroleum producer in Canada, making up 4.4% of Canada's petroleum. As of 2015, the province produced over 27,370 m 3 per day of light crude oil from the Grand Banks offshore oil fields. [1]
The province of Newfoundland and Labrador is Canada's third largest oil producer with 27,373 cubic metres per day (172,000 bbl/d) of light crude oil from its Grand Banks offshore oil fields in 2015, about 4.4% of Canada's petroleum. See the Newfoundland and Labrador section above for details.
The Hibernia offshore oil field is owned jointly by ExxonMobil Canada (33.125%), Chevron Canada Resources (26.875%), Suncor (20%), Canada Hibernia Holding Corporation (8.5%; subsidiary of CDEV), Murphy Oil (6.5%) and Equinor Canada (5%; previously StatoilHydro Canada Ltd). [5] As the Hibernia field is located in an inhospitable environment ...
Discovered in 1984, the White Rose offshore oil field is located in the Jeanne d'Arc Basin 350 kilometres east of St. John's, Newfoundland and Labrador, Canada. The field consists of both oil and gas pools, including the South White Rose oil pool. The oil pool covers approximately 40 square kilometres (15 sq mi) and contains an estimated 440 ...
They established the field's recoverable oil reserves at around 625 million barrels (99,400,000 m 3) – about 40 per cent more oil than originally estimated. Bringing the field on production was a long time coming. It involved settling a jurisdictional dispute between Newfoundland and Canada over ownership of offshore minerals and other issues.
The Hebron Oil Field is located off the coast of eastern Canada in Newfoundland in the Grand Banks. It resides 350 kilometers southeast of St. John's in the Jeanne d'Arc Basin which covers roughly 8000 square kilometers. It is part of a larger oil field structure consisting of the Hibernia, White Rose, and Terra Nova oil fields.
Terra Nova is an oil field development project based off the coast of Newfoundland, discovered in 1984 by Petro-Canada.Terra Nova is the first harsh environment development in North America to use a Floating Production Storage and Offloading (FPSO) vessel, Terra Nova.
Saskatchewan and offshore areas of Newfoundland in particular have substantial oil production and reserves. [3] Alberta has 39% of Canada's remaining conventional oil reserves, offshore Newfoundland 28% and Saskatchewan 27%, but if oil sands are included, Alberta's share is over 98%. [4]