21 November 2013

More gas offshore #nlpoli

In early October, the Canada-Newfoundland and Labrador Offshore Petroleum Board issued two new significant discovery licenses to Suncor and Statoil, partners in Ballicaters.

On November 18, CNLOPB updated its offshore resource estimates to include the estimated 1.1 trillion cubic feet of natural in the Ballicaters SDLs.

That makes it the third largest gas field in the Jeanne d’Arc Basin after Hibernia (3.1 TCF) and White Rose (1.98 TCF)