Terra Nova oil field
Lua error in package.lua at line 80: module 'strict' not found. Lua error in package.lua at line 80: module 'strict' not found. Lua error in Module:Infobox at line 235: malformed pattern (missing ']'). 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:
- Suncor Energy (33.99%) - operator
- Exxon Mobil Canada Properties (22.00%)
- Statoil (15.00%)
- Husky Energy Operations Ltd. (12.51%)
- Murphy Oil Company Ltd. (10.475%)
- Mosbacher Operating Ltd. (3.50%)
- Chevron Canada Resources (1.00%)
