Equinor and BP Canada tally two new discoveries offshore Newfoundland

10/29/2020

OSLO –  Equinor, and its partner BP Canada, have made two oil discoveries offshore Newfoundland, Canada.

The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific information on volumes.

"We are pleased to have made two discoveries offshore Newfoundland. The results are a testament to the hard work and dedication of our team, who have executed a safe campaign with positive results – particularly considering the unique challenges faced during the COVID-19 pandemic,” says Paul McCafferty, Equinor’s senior vice president for international offshore exploration.

“The announcement by Equinor and partner BP Canada that oil has been in the Flemish Pass Basin is encouraging, at a time when encouraging news is needed for the Newfoundland and Labrador offshore oil and gas industry. Offshore exploration is imperative to the future of the industry and these successful wells further demonstrate the exceptional prospectivity of the Newfoundland and Labrador offshore. This announcement is welcomed by the membership of Noia and we look forward to further details about the wells being provided in the near future,” said Charlene Johnson, CEO of the Newfoundland and Labrador Oil and Gas Industries Association.

The wells, drilled by the semi-submersible drilling rig, Transocean Barents, are located approximately 500 kms east of St. John’s, Newfoundland and Labrador.

The Cappahayden well has a water depth of about 1,000 meters and the Cambriol well has a depth of 600 meters. Equinor was the operator for the wells.

As part of the 2020 exploration campaign, Equinor has also drilled a top-hole at the Sitka prospect.

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