Multiclient Data Investments

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 License Round, each of which is highlighted below.

2D Seismic Data

Since 2011, Nalcor Energy-Oil and Gas (now OilCo), in partnership with TGS and Petroleum Geo-Services (PGS), have been carrying out one of the most comprehensive geoscience programs in the world. Over the North Newfoundland region a comprehensive grid of multiclient long-offset broadband 2D data has been collected. This data is available for license from our partner TGS.

Seabed Coring Geochemistry Project

MG3 (Survey) UK Limited and Amplified Geochemical Imaging, LLC, with investment by Nalcor Energy-Oil and Gas (now OilCo), completed the first phase of a multiclient seabed coring and slicks study in 2016. For a detailed overview of the study please click here. This data is available for Licensing through our partners AGI and MG3.

Satellite Seep Survey

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 upcoming license rounds. The satellite seeps survey is a multiclient survey and is available to industry from Airbus – Defense and Space.