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Oil and gas developments in eastern Canada in 1981

Journal Article · · Am. Assoc. Pet. Geol., Bull.; (United States)
OSTI ID:6414070
Uncertainty of increased taxation of petroleum revenues proposed under the Canadian National Energy Program continued to effect a slowdown of exploration in eastern Canada. Nonetheless, exploration of the East Coast offshore increased from 12 wells during 1980 to 17 wells during 1981. Three wells were drilled on the Scotian Shelf, 9 on the Grand Banks, and 5 on the Labrador Shelf. Drilling off the East Coast confirmed an extension to the northeast of the Venture structure, introduced the possibility of another major oil field on the Grand Banks, and indicated that the Avalon basin contains potential commercial oil fields. Offshore drilling in Lake Erie decreased 25% to 95 wells during 1981 compared with 126 in 1980. Onshore, 5 exploratory wells were drilled in Quebec, 1 in Nova Scotia, and 31 in Ontario. In Quebec, 4 wells were classed as abandoned and 1 as suspended. An aggressive seismic exploration program was conducted by Chevron, Standard, and Irving Oil in parts of Nova Scotia, Prince Edward Island, and New Brunswick. During 1981 compared with 1980, production of oil and gas in New Brunswick declined by 47% and 9%, respectively. In Ontario, oil production decreased 3%, whereas gas production decreased 9%. Gas production in Quebec increased by 20% over that in 1980. (JMT)
Research Organization:
Ontario Ministry of Natural Resources, London
OSTI ID:
6414070
Journal Information:
Am. Assoc. Pet. Geol., Bull.; (United States), Journal Name: Am. Assoc. Pet. Geol., Bull.; (United States) Vol. 66:11; ISSN AAPGB
Country of Publication:
United States
Language:
English