Equinor Announces Results from Offshore Canada Oil Discovery in Flemish Pass
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
Equinor announced that exploration well #47-K Cappahayden is an oil discovery in the Bay du Nord region of offshore Canada's Flemish Pass. According to the Stavanger-based company, it is a potentially large oil reservoir. It was drilled in 974 m of water and is about 450 km east of St John's, Newfoundland, in the EL1156 Block. The well is close enough to the Bay du Nord Field to be connected to a proposed floating production, storage and offloading vessel that Equinor hopes to build for the project. If additional drilling indicates a sizeable reservoir, it could improve the economics of the project, which is currently estimated at 300 MMbbl of oil.
Description
Equinor announced that exploration well #47-K Cappahayden is an oil discovery in the Bay du Nord region of offshore Canada's Flemish Pass. According to the Stavanger-based company, it is a potentially large oil reservoir. It was drilled in 974 m of water and is about 450 km east of St John's, Newfoundland, in the EL1156 Block. The well is close enough to the Bay du Nord Field to be connected to a proposed floating production, storage and offloading vessel that Equinor hopes to build for the project. If additional drilling indicates a sizeable reservoir, it could improve the economics of the project, which is currently estimated at 300 MMbbl of oil.