Petroleum Exploration Opportunities in Jeanne d'Arc Basin , Call for ...
Petroleum Exploration Opportunities in Jeanne d'Arc Basin , Call for ...
Petroleum Exploration Opportunities in Jeanne d'Arc Basin , Call for ...
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Discussions<br />
• The presence <strong>in</strong> vic<strong>in</strong>ity of Fortune, West White Rose and North Amethyst A<br />
fields provides encouragement <strong>for</strong> the potential of this parcel<br />
• These discovery have flown at rates of 1,400-7,000 bopd <strong>in</strong> discovery tests<br />
neighbour<strong>in</strong>g White Rose producers are capable of up to 35,000 <strong>in</strong> production<br />
tests<br />
• CFB NL09-01 01 Parcel is larger when compared with a Gulf of Mexico<br />
standard block (4.1 times larger) or North Sea offer<strong>in</strong>gs<br />
• Parcel is <strong>in</strong> a region with large extensional traps, known reservoirs, mature<br />
source rocks and proven migration paths<br />
• Risks are recognized <strong>in</strong> regard to reservoir quality and fault seal<strong>in</strong>gs<br />
• Parcel conta<strong>in</strong>s multiple reservoir targets with<strong>in</strong> synrift sandstones reservoirs<br />
at 2500-4500 m depth that can be drilled year round and tested us<strong>in</strong>g jack-ups<br />
or semi-submersible submersible rigs<br />
•Location of prospects <strong>in</strong> a shallow water environment certa<strong>in</strong>ly lowers l<br />
the<br />
economic risk<br />
• Cost of an offshore well <strong>in</strong> this Parcel would likely be <strong>in</strong> the range of Can $25<br />
- $45 million depend<strong>in</strong>g on the depth to the target<br />
Enachescu, NL DNR 2009