Canada - 2016
Highly prospective underexplored area with exciting new discoveries and world-class oil production
This is one of the most promising deepwater exploration areas in the world. Frontier acreage adjacent to recent discoveries in Bay du Nord, Mizzen, Harpoon, and fields like Hibernia, White Rose, Terra Nova and Hebron, is combined with transparent fiscal terms and a predictable land-sale policy.
Main exploration targets are Late Jurassic to Early Cretaceous fluvial to shallow marine sandstones reservoirs sourced by prolific oil-prone Late Jurassic marine shales. A mainly extensional margin provides large structural traps and thick regional seals.
Long offset (8100 m) multi-sensor technology delivering receiver deghosted 3D seismic data.