Page 9 - NorthAmOil Week 31 2022

NorthAmOil PROJECTS & COMPANIES NorthAmOil

Equinor continuing Flemish Pass exploration

NEWFOUNDLAND NORWAY’S Equinor is continuing exploration J-31 being drilled in mid-May. EL 1156 also
AND LABRADOR work off Canada’s Newfoundland and Labrador, includes the Cappahayden discovery
having recently completed an appraisal well in In June, the Canada-Newfoundland and Lab-
the area. rador Offshore Petroleum Board (CNLOPB)
A report by Upstream Online said that the released its latest report on the offshore Hibernia
company has spudded and re-entered an explo- field’s estimated ultimate recovery (EUR), sug-
ration well at the Sitka prospect, east of its Cam- gesting that it could contain nearly 346mn bar-
briol East discovery, both in exploration licence rels more than previously thought. Equinor is a
(EL) 1156. The Sitka O-02 well was re-entered on minority shareholder (5%) in the field alongside The exploration
July 26 using Seadrill’s West Hercules semi-sub- ExxonMobil (33.125%), Chevron (26.825%),
mersible, which two days earlier had abandoned Suncor Energy (20%), Canada Hibernia Holding effort is aimed
the Cambriol J-31A delineation well 25 km to the Corp. (CHHC, 8.5%) and Murphy Oil (6.5%).
west. Sitka O-02 was originally drilled in 2020. The field is located on the north-eastern at adding to
The exploration effort is aimed at adding to Grand Banks, around 315 km from St. John’s,
resources that can be tied-back as part of the Newfoundland, in the Jeanne d’Arc Basin. resources that
broader Bay du Nord project, which will be The report said that proven and probable can be tied-back
developed using a floating production, storage (2P) reserves amount to 1.812bn barrels, 168mn
and offshore offloading (FPSO) unit. more than the 1.644bn barrels estimated in 2014. as part of the
Discoveries at Bay du Nord, Bay de Verde, It added that EUR could be further expanded by
Baccalieu, Cappahayden, Harpoon and poten- 178mn barrels to almost 2bn barrels (3P) when broader Bay du
tially Cambriol East and Sitka are all seen being including possible reserves, noting that the latest
tied back to the FPSO, which is expected to have figure includes the 1.22bn barrels produced from Nord project.
a capacity of 200,000 barrels per day (bpd). the field as of April 30 this year, while the field
The Norwegian firm, which holds 60% in also contains contingent gas resources in excess
EL 1156, and its UK-based partner BP (40%) of 2.5 trillion cubic feet (71bn cubic metres) and
continue working towards taking a final invest- 53mn barrels of NGLs.
ment decision (FID) on the project, with first oil The Hibernia data also includes reserves
expected to be produced towards the end of the assigned to the Ben Nevis – Avalon and Catalina
decade. reservoirs, which have combined 3P reserves of
J-31A was the second attempt to drill an 550mn barrels, of which 136.8mn barrels have
appraisal well to the west of Cambriol East, with been produced.™

Week 31 04•August•2022 www. NEWSBASE .com P9