Canada's Beaufort Arctic Islands, Atlantic frontiers look steadily better
The commercial potential of Canada's sprawling, remote-frontier oil plays will become clearer this year, with critical wildcats and step-outs underway or planned in the Arctic Islands and Beaufort Sea as well as on the Grand Banks and Scotian shelves. Because of a string of significant discoveries in all frontier areas in 1979, industry spokesmen are cautiously confident that follow-up drilling will prove oil and gas production feasible in the Arctic and off the Canadian East Coast. They see frontier potential as the key element in Canada's drive to achieve energy self-sufficiency by 1990. Despite the exploration successes chalked up to date, a number of pitfalls block quick development of frontier areas. For example, political actions may result in cutbacks in frontier-area depletion allowances. Furthermore, solutions to the production and transportation problems posed by hostile environments are still on the drawing board or in the early stages of engineering design and field testing.
- OSTI ID:
- 5111496
- Journal Information:
- Oil Gas J.; (United States), Vol. 78
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
CANADA
ENERGY POLICY
NATURAL GAS DEPOSITS
PETROLEUM DEPOSITS
RESOURCE DEVELOPMENT
BEAUFORT SEA
CONSTRAINTS
CONTINENTAL SHELF
EAST COAST
FORECASTING
ISLANDS
PRODUCTION
TRANSPORT
ARCTIC OCEAN
CONTINENTAL MARGIN
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
MINERAL RESOURCES
NORTH AMERICA
RESOURCES
SEAS
SURFACE WATERS
USA
294002* - Energy Planning & Policy- Petroleum
294003 - Energy Planning & Policy- Natural Gas
293000 - Energy Planning & Policy- Policy
Legislation
& Regulation