This pressure study was funded by the Provincial Government’s Offshore Geoscience Data Program, and technically managed by Nalcor Energy.
This study is a comprehensive evaluation of the subsurface pressure systems in Newfoundland and Labrador’s eastern frontier slope and deepwater basins. The study region spans an offshore area from northern Labrador to the Flemish Pass in the south, including the newly discovered Chidley, Henley and Holten basins in the Labrador Sea. The analysis integrated well data and new regional seismic data that was compared to global analogues.
Canada East Coast investment
Since 2009, the Provincial Government has invested $17.3 million in offshore, through the Offshore Geoscience Data Program. In the 2014 budget, the Provincial Government invested a further $1 million in offshore and onshore geoscience programs to facilitate more exploration in Newfoundland and Labrador.
The report is publicly available in full online and can be downloaded on the Nalcor Studies page at – click here
Ikon Science’s related papers for offshore Newfoundland and Labrador: