Nalcor Energy has developed and is executing an Exploration Strategy based on global best practices to find and deliver new oil and gas resources offshore Newfoundland and Labrador, Canada.

Building on over 15 years of production success—and an ongoing world-leading seismic program that has been shedding new insights on the nearly two dozen basins that surround the province—offshore Newfoundland and Labrador is poised for an exciting new round of exploration and development.

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The 2016 License Round covers blocks on offer in the West Orphan Basin.

Significant oil and gas opportunities

Through an extensive geoscience program that includes 2D and 3D seismic surveys, we have acquired high quality data that has provided additional insight into Newfoundland and Labrador’s resource potential.

“Our analysis and modeling of the 2016 area indicates favorable geological conditions for oil and gas accumulations.”
Jean Burrus, CEO, Beicip-Franlab.

Key Facts

145,000
line km of new 2-D multi-client datawill be acquired by the end of 2016
350
leads and prospects and new basin areasdefined by new seismic work
112
wells analyzedspanning 50 years in the Drilling Performance Metrics Study
~2
of NL’s 1.5 Million km2 of offshore basincaptured by each resource assessment
1.4
million km2 of NL offshorecovered by phase 1 of Metocean Study

We are actively sharing our geoscience knowledge with the global oil and gas industry through our proprietary Nalcor Exploration Strategy System (NESS).

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Contact

t. 709.737.1440
f. 709.737.1800
e. info@nalcorenergy.com