Terra Nova oil field

Terra Nova is an oil field development project 350 kilometres (220 mi) off the coast of Newfoundland. Discovered in 1984 by Petro-Canada, the field is the second largest off Canada's East Coast. Terra Nova is the first harsh environment development in North America to use a Floating Production Storage and Offloading (FPSO) vessel, Terra Nova. Production from the field began in January 2002. The reservoir has an expected life of 15-17 years.

Terra Nova oil field
Terra Nova oil field
Location of Terra Nova oil field
CountryCanada
LocationJeanne d'Arc Basin
BlockGraben, East Flank, Far East
Offshore/onshoreOffshore
Coordinates46°28′30″N 48°28′46″W
OperatorSuncor Energy
PartnersSuncor Energy
ExxonMobil
Statoil
Husky Energy
Murphy Oil
Mosbacher Operating Ltd.
Chevron Corporation
Field history
Discovery1984
Start of productionJanuary 2002
Production
Estimated oil in place406 million barrels (~5.54×10^7 t)
Producing formationsLate Jurassic-aged sandstone

The oil is produced from Late Jurassic sandstone within the Jeanne d'Arc Formation. The reservoir was deposited as a large braided fluvial system. The discovery well was Terra Nova K-08 drilled in 1984 by Petro-Canada.

The working interest partners are:

See also

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