Central ridge of Newfoundland: Little explored, potential large
- Canada-Newfoundland Offshore Petroleum Board, Newfoundland, St. Johns (Canada)
The Central ridge on the northeastern Grand Banks off Newfoundland represents a large area with known hydrocarbon accumulations and the potential for giant fields. It covers some 17,000 sq km with water less than 400 m deep. The first major hydrocarbon discovery on the Newfoundland Grand Banks is giant Hibernia field in the Jeanne d'Arc basin. Hibernia field, discovered in 1979, has reserves of 666 million bbl and is due onstream in 1997. Since Hibernia, 14 other discoveries have been made on the Grand Banks, with three on the Central ridge. Oil was first discovered on Central Ridge in 1980 with the Mobil et al. South Tempest G-88 well. In 1982 gas was discovered with the Mobil et al. North Dana I-43 well 30 km northeast of the earlier discovery. In 1983 gas and condensate were discovered with the Husky-Bow Valley et al. Trave E-87 well 20 km south of the South Tempest well. These discoveries are held under significant discovery licenses and an additional 2,400 sq km are held under exploration licenses. The paper discusses the history of the basin, the reservoir source traps, and the basin potential.
- OSTI ID:
- 5828401
- Journal Information:
- Oil and Gas Journal; (United States), Vol. 91:43; ISSN 0030-1388
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
03 NATURAL GAS
NATURAL GAS DEPOSITS
RESOURCE POTENTIAL
NEWFOUNDLAND
PETROLEUM DEPOSITS
GAS CONDENSATES
GEOLOGIC TRAPS
HISTORICAL ASPECTS
OFFSHORE SITES
OIL FIELDS
SOURCE ROCKS
STRATIGRAPHY
CANADA
CONDENSATES
DEVELOPED COUNTRIES
FLUIDS
GEOLOGIC DEPOSITS
GEOLOGY
ISLANDS
LIQUIDS
MINERAL RESOURCES
NATURAL GAS LIQUIDS
NORTH AMERICA
RESOURCES
020200* - Petroleum- Reserves
Geology
& Exploration
030200 - Natural Gas- Reserves
Geology
& Exploration