Atlantic Ireland 2017
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Atlantic Ireland 2017 Newfoundland and Labrador Update
Transcript of Atlantic Ireland 2017
Atlantic Ireland 2017Newfoundland and Labrador Update
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Nalcor’s Exploration Role
Bidding/Lease
RoundsDevelopment and
ProductionInitial
Exploration
Upstream Exploration/Development Cycle
Early Stage
Exploration
Exploration
Drilling/Appraisal Initial
Exploration
Basin/Prospect
Evaluations
Pre-Competitive Phase
Nalcor is the State Energy Company of Newfoundland and Labrador
1500 employees, 6 lines of business
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Evaluating NL’s Frontier Basins
Nalcor EnergyExploration StrategySystem
Nalcor is systematically
evaluating all NL basins to:
• Find new oil/gas resource potential
and evaluate prospectivity
• Identify and close key knowledge
gaps that hold back new activity
nalcorenergy.com/exploration
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NL Seismic Data Investment
• Since 2011 Nalcor has invested in a
TGS/PGS regional 2D seismic program.
• The objective is to identify and quantify the
resource potential of our frontier basins.
• This image shows the seismic data coverage
at the end of 2014.
2014
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NL Seismic Data Investment
• This image shows the seismic data coverage
at the end of 2016.
• Approximately 150,000 km of 2D seismic
data had been acquired by this time.
• By the end of the 2017, this number will
rise to approximately 175,000 km. (2017
planned 2D survey in red)
2019
2020
2019
2018A
2018B
Labrador South
Land Sale
2020
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NL Seismic Data Investment
• This image shows the seismic data coverage
at the end of 2016.
• Approximately 150,000 km of 2D seismic
data had been acquired by this time.
• By the end of the 2017, this number will
rise to approximately 175,000 km. (2017
planned 2D survey in red)
• A 3D survey was acquired on the 2018A
block.
2019
2020
2019
2018A
2018B
Labrador South
Land Sale
2020
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NL Seismic Data Investment
2018A
2018B
• Broadband Geostreamer survey
totalling 9840 sq km.
• Titan Class vessel towing 16 cables
• Fast Track data Dec 1, 2017
• Final cube March 31, 2018
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Presently Scheduled
Upcoming Licence RoundsLabrador South Land Sale
2019
2020
2019
2020
2018A
2018B • 2D Broadband acquisition from 2011 -2016
produced a 5x5 km grid
• This data was reprocessed to PSDM
• Significant improvement was seen on both
the PSTM and PSDM sections
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Labrador South Land Sale Area
Tertiary Isochron Map
showing the thick wedge of
the Churchill River Delta
Map Deleted
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Labrador South Land Sale Area
Strike Line across
the Tertiary Delta
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Labrador South Land Sale Area
C 6.5
C 10
C 24
C 34
C 45
C 54C 65
Rotated fault blocks
Roll over anticlines
Toe thrusts
Cretaceous onlap
Fans
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Labrador South Land Sale AreaNear Angle
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Labrador South Land Sale AreaFar Angle
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Labrador South Land Sale AreaNear Angle
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Labrador South Land Sale AreaFar Angle
Seismic section removed
for slides 16 -28
Nalcor Exploration – Ongoing Studiesnalcorenergy.com/exploration
Initiative Completion
Regional Pore Pressure Completed
Biostratigraphic Analysis Completed
Regional Rock Physics Completed
Met Ocean Completed
Drilling Study Completed
Resource Assessment Year over Year
