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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 list is incomplete; there are more than 25,000 oil and gas fields of all sizes in the world. [1] However, 94 % of known oil is concentrated in fewer than 1,500 giant and major fields. [ 2 ] Most of the world's largest oilfields are located in the Middle East , but there are also supergiant (>10 billion bbls ) oilfields in Brazil, Mexico ...
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 ...
Oil fields of Atlantic Canada (1 C, 3 P) B. Bituminous sands of Canada (1 C, 21 P) Oil fields of British Columbia (1 P) N. Oil fields of Newfoundland and Labrador (5 ...
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]
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 ...
In February 2011 the Usan offshore oil field began producing. It has a capacity of 180,000 barrels per day and Nexen holds a 20% interest in it. [97] production : 207,000 barrels (32,900 m 3) of oil/day in 2011 16% lower than the year before. Production net of royalties was 186,000 boe/d. [98]