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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.
Well drilling is the process of drilling a hole in the ground for the extraction of a natural resource such as ground water, brine, natural gas, or petroleum, for the injection of a fluid from surface to a subsurface reservoir or for subsurface formations evaluation or monitoring.
Source: Newfield Exploration. Another company that has done a much better job at keeping costs down over the past year is Oasis Petroleum.The company was spending about $10.5 million per well ...
The company also controlled 2,518,519 net undeveloped acres in New Brunswick, Canada, subject to an indefinite moratorium on hydraulic fracturing. [ 1 ] As of December 31, 2023, the company had 19.660 trillion cubic feet of natural gas equivalent of estimated proved reserves, of which 77% was natural gas , 20% was natural gas liquids , and 3% ...
This is a list of electrical generating stations in New Brunswick, Canada. New Brunswick has a diversified electric supply mix of fuel oil, hydroelectric, nuclear, diesel, coal, natural gas, wind, and biomass power stations. NB Power, the government-owned, integrated public utility is the main power generator in the province.
Flag of New Brunswick Location of New Brunswick. The following outline is provided as an overview of and topical guide to New Brunswick: New Brunswick is a Canadian maritime province. The province, with an area of 72,908 square kilometres (28,100 sq mi), has a humid continental climate.
New Brunswick [a] is one of the thirteen provinces and territories of Canada.It is one of the three Maritime provinces and one of the four Atlantic provinces.It is bordered by Quebec to the north, Nova Scotia to the east, the Gulf of Saint Lawrence to the northeast, the Bay of Fundy to the southeast, and the U.S. state of Maine to the west.
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