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Canada's east coast play

Conference · · Am. Soc. Mech. Eng., (Pap.); (United States)
OSTI ID:6609617

The intent of this paper is to give a basic overview presentation on Canada's east coast play - most likely the number one offshore play in the free world - and possibly the world. The play stretches 2,500 miles north and south, as it follows the Labrador Coast, past the Strait of Belle Isle and onto the Grand Banks of Newfoundland and as it makes a 90 degree turn, 1,000 miles east to west along the coast of Nova Scotia to the Georges Bank. 3,500 miles in all - which if placed in western Canada, would stretch from northern Alberta to southern Mexico. It's geologic potential is immense - 15-20 billion barrels of oil and 80-90 Tcf of natural gas. And so far only approximately 2 billion barrels of oil and 5 Tcf of natural gas have been found. There is more out there. And less than 200 wells have been drilled - still very virgin territory. Two world size discoveries have been made in the area. Hibernia, on the Grand Banks, is estimated to contain 1.8 billion barrels. Venture, on the Scotian Shelf, has a natural gas reserve of 2.5 Tcf - big by Canadian standards and significant in that Mobil Oil has also made some other interesting discoveries on the same Sable Island block which have not been delineated.

Research Organization:
Doig's Digest, Calgary, Alberta
OSTI ID:
6609617
Report Number(s):
CONF-840201-
Journal Information:
Am. Soc. Mech. Eng., (Pap.); (United States), Journal Name: Am. Soc. Mech. Eng., (Pap.); (United States) Vol. 84-PET-1; ISSN ASMSA
Country of Publication:
United States
Language:
English

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