Terra Nova (oil field)
Encyclopedia : T : TE : TER : Terra Nova (oil field)
(''Petro-Canada)
(''Petro-Canada)
(''Petro-Canada)
Terra Nova is an oil field development project 350 kilometres off the coast of Newfoundland. Petro-Canada is the operator and 34 per cent interest holder in the Terra Nova oil fields.
Discovered in 1984 by Petro-Canada, the field is the second largest off Canada's East Coast. Terra Nova is the first harsh environment development in North America to use a Floating Production Storage and Offloading (FPSO) vessel, the Terra Nova FPSO. Production from the field began in January 2002.
The oil is produced from the Late Jurassic-aged sandstone within the Jeanne d'Arc Formation. The reservoir was depositied as a large braided fluvial system. The discovery well was Terra Nova K-08 drilled in 1984 by Petro-Canada.
The working interest partners are:
- Petro-Canada (33.99 %) - operator
- Exxon Mobil Canada Properties (22.00%)
- Norsk Hydro Canada Oil & Gas (15.00%)
- Husky Energy Operations Ltd. (12.51%)
- Murphy Oil Company Ltd. (12.00%)
- Mosbacher Operating Ltd. (3.50%)
- Chevron Canada Resources (1.00%)
See also
External links
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.