OilCo is committed to investing in new multiclient geoscience data to unlock the next areas of offshore Newfoundland and Labrador that may contain material prospectivity, ultimately delivering new resources for the benefit of the people of the province. There are several such investments over the 2016 License Round, each of which is highlighted below.
In 2015, Nalcor Energy-Oil and Gas (now OilCo), in partnership with TGS and Petroleum Geo-Services (PGS), carried out one of the largest multiclient 3D surveys ever conducted in the Newfoundland & Labrador Offshore. Within the Eastern Newfoundland region and covering the 2016 License Round area, approximately 4600 square kilometres of multiclient 3D data was acquired. This data is available from our partner TGS.
Since 2011, Nalcor Enegy-Oil and Gas (now OilCo), in partnership with TGS and Petroleum Geo-Services (PGS), has been carrying out one of the most comprehensive geoscience programs in the world. Over the 2016 License round, a comprehensive grid of multiclient long-offset broadband 2D data was collected. This data is available from our partner TGS.
MG3 (Survey) UK Limited and Amplified Geochemical Imaging, LLC, with investment by Nalcor Energy, completed the first phase of a multiclient seabed coring and slicks study in 2016. Approximately 100 sea floor coring samples, 14 heat flow data points, select multi-beam bathymetry transects and 36 surface slick samples have been acquired over the 2016 License Round area. For a detailed overview of the study please click here. This data is available for Licensing through our partners AGI and MG3.
In late 2010, partnered with Airbus – Defense and Space, Nalcor Energy-Oil and Gas (now OilCo) undertook a regional oil seep mapping and interpretation study. The satellite data acquired during this survey has imaged areas of potential natural seepage in various basins and highlighted potential new regions for oil exploration.
Our partnership with Airbus – Defense and Space focuses on areas covered in the upcoming 2016 and 2017 license rounds. The satellite seeps survey is a multiclient survey and is available to industry from Airbus – Defense and Space.
