Terra Nova oil field

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Terra Nova oil field
TerraNovaOil.jpg
Terra Nova oil field
Terra Nova oil field is located in Atlantic Ocean
Terra Nova oil field
Location of Terra Nova oil field
Country Canada
Location Jeanne d'Arc Basin
Block Graben, East Flank, Far East
Offshore/onshore Offshore
Coordinates 46°28′30″N 48°28′46″W / 46.47500°N 48.47944°W / 46.47500; -48.47944Coordinates: 46°28′30″N 48°28′46″W / 46.47500°N 48.47944°W / 46.47500; -48.47944
Operator Suncor Energy
Partners Suncor Energy
ExxonMobil
Statoil
Husky Energy
Murphy Oil
Mosbacher Operating Ltd.
Chevron Corporation
Field history
Discovery 1984
Start of production January 2002
Production
Estimated oil in place 406 million barrels (~5.54×10^7 t)
Producing formations Late Jurassic-aged sandstone

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, the Terra Nova FPSO. Production from the field began in January 2002. The reservoir has an expected life of 15-17 years.

The oil is produced from the Late Jurassic-aged 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:

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