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Learn more about – Newfoundland and Labrador’s established oil and gas production

By January 19, 2023Reports & Publications

Newfoundland and Labrador’s offshore oil and gas industry dates back more than 50 years to exploration off the Grand Banks and subsequent discoveries in the Jeanne d’Arc basin and more recently in the Flemish Pass basin.

Today, successful developments at Hibernia, Terra Nova, White Rose, and Hebron have produced more than two billion barrels of oil since 1997.

Learn more about OilCo’s portfolio of producing resources in the following information sheet.