Terra Nova oil field

Terra Nova oil field
Terra Nova oil field
Terra Nova oil field is located in Atlantic Ocean
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 / 46.47500°N 48.47944°W / 46.47500; -48.47944
OperatorSuncor Energy
PartnersSuncor Energy (48%)
Cenovus Energy (34%)
Murphy Oil (18%)[1]
Field history
Discovery1984
Start of productionJanuary 2002
Production
Estimated oil in place406 million barrels (~5.54×10^7 t)
Producing formationsLate Jurassic-aged sandstone

Terra Nova is an oil field development project based off the coast of Newfoundland, discovered in 1984 by Petro-Canada. 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 off the coast of Newfoundland, with an expected life of 15–17 years. After stopping production in 2019, the project restructured in 2021, moving to Ferrol, Spain for repairs. Terra Nova is expected to be back in production in Newfoundland at the end of 2022.[2][3]

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

Several studies concerning fish health around the Terra Nova oil field before and after produced water had been discharged indicates that it has had no significant effects on the health of the American plaice.[4]

  1. ^ https://www.suncor.com/en-ca/what-we-do/exploration-and-production/east-coast-canada/terra-nova#terra-nova-owners-and-their-working-interests. {{cite web}}: Missing or empty |title= (help)
  2. ^ "N.L.'s troubled Terra Nova offshore oilfield saved by last minute restructuring". www.jwnenergy.com. Retrieved 2022-08-24.
  3. ^ Kulovic, Nermina (2022-08-18). "Canadian FPSO on track to return to home waters before year-end". Offshore Energy. Retrieved 2022-08-24.
  4. ^ Mathieu A. et al. (2011) Studies on Fish Health Around the Terra Nova Oil Development Site on the Grand Banks Before and After Discharge of Produced Water. In: Lee K., Neff J. (eds) Produced Water. Springer, New York, NY. doi:10.1007/978-1-4614-0046-2_20