Nalcor Energy News

High-resolution bathymetric map of the Carson Basin, a frontier region offshore Newfoundland. Fugro acquired the data which will help E&P companies to evaluate lease options for Newfoundland and Labrador’s 2019 licensing round. (Image: Fugro)

Fugro Goes Seep Hunting off Eastern Canada

target selection for geochemical sampling and heat flow measurements.The second portion of the program – coring for geochemical sampling, shipboard geochemical screening analyses and heat flow measurements – commences in August, once targets are agreed upon by geoscientists at Fugro and Nalcor Energy, an investor in the program. Shore-based, advanced geochemical analyses, including isotopes and biomarkers on selected samples, will be coordinated by Amplified Geochemical Imaging, Inc., Fugro’s partner on this project.Highlighting the successful licensing of Fugro’s nearby Orphan

High-resolution bathymetric data acquired by Fugro, draped over pre-existing, publicly available GEBCO data for comparison (Image: Fugro)

Fugro Sells Seep Data Before Canadian Offshore Bidding

the data will deliver long-term value to any client purchasing a license. In offshore Newfoundland and Labrador, the purchase price of geoscience data programs in advance of a license round may be eligible to be applied to the work commitment bid in the event of a successful bid in the license round.Nalcor Energy is also an investor in this project

Photo: ExxonMobil Canada

ExxonMobil's Canada Offshore Project Produces First Oil

holds living quarters, drilling and production facilities and storage capacity for 1.2 million barrels of oil.   It is operated by Exxon's ExxonMobil Canada Properties, which holds a 35.5 percent stake. Other joint venture partners are Chevron Canada Ltd, Suncor Energy, Statoil ASA and Nalcor Energy, the Newfoundland and Labrador provincial energy corporation. (Reporting by Nia Williams; Editing by Susan Thomas

Fugro Discovery (Photo: Fugro)

Fugro, AGI to Supply Seep Data to Canada

the hydrocarbon signature of the samples.   “We are excited to be part of Canada’s growing offshore industry and Newfoundland and Labrador’s 2018 licensing round,” said Keith Kneale, Fugro’s Business Development Manager for the Americas. “Investment by Nalcor Energy is supporting this project which will showcase Fugro’s market-leading expertise – earned from conducting dozens of similar surveys including the world’s four largest to date – enabling clients to improve and de-risk their exploration programs.” He explained how AGI

PGS 2D and 3D surveys in Eastern Canada

PGS : Building Further Success in Newfoundland, Labrador

in Q2 2016.   Further north in the Orphan Basin the Ramform Viking acquired 4 555 square kilometers of 3D seismic with a very similar towing configuration over a high graded area in Sector NL02-EN, which will be the subject of the Call for Bids in November 2016. This survey was supported by Nalcor Energy. Pre-processing of the initial GeoStreamer signal was carried out by PGS onboard the vessel following which TGS will perform data processing in their Houston office. A fast track pre stack time migrated volume will be available for license before the end of the year with final processing scheduled

Planned Hebron GBS Platform: Image credit Statoil

Statoil in New Field Development Offshore Canada

at USD14 billion. Production is expected to start late 2017. The Hebron GBS is planned to have a lifetime of 40 years. The Hebron Project co-venturers are: ExxonMobil Canada Properties (operator, 36%), Chevron Canada Resources (26.6%), Suncor Energy Inc. (22.7%), Statoil Canada (9.7%) and Nalcor Energy Oil and Gas (4.9%). Offshore Newfoundland, Statoil is the operator of four Significant Discovery Licenses (SDLs) and holds a significant exploration portfolio with four planned exploration wells in 2012-13. Statoil is a partner in three producing fields and is pursuing several new projects

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