Petroleum Exploration Opportunities in Jeanne d'Arc Basin , Call for ...

NL Petroleum Production
• Jeanne d’Arc d
Basin fields - Hibernia, Terra Nova and White Rose -
developed in 80-110 m water are some of the largest offshore
producing fields in North America
• These fields have produced in each of the past 5 years in the range of
300,000 to 360,000 barrels per day of light crude (30 to 35º API) from
Late Jurassic-Early Cretaceous sandstones
• NL delivers about 37% of the light oil produced in Canada from these t
fields representing more than 80% of the Atlantic Canada’s
hydrocarbon production. With this output NL is now the second largest
hydrocarbon producing province in Canada
• Over 1 bbls were produced to date from the JDA; more than 1.8 billion
barrels proven remaining recoverable reserves/resources exists;
approximately 6 tcf of gas was discovered but there is no production
• Jeanne d’Arc d
Basin developments are the only producing offshore
oilfields on the Atlantic coast of North America
• A fourth large field – Hebron - estimated to contain 731 million barrels
recoverable reserves/resources will be developed starting in 2012 2 with
first expected oil in 2017
• Satellites of larger fields are presently brought on stream adding to
production
Enachescu, NL DNR 2009