After unsuccessful drilling, no wells are being explored off Nova Scotia - Action News
Home WebMail Tuesday, November 26, 2024, 04:09 AM | Calgary | -17.0°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Nova Scotia

After unsuccessful drilling, no wells are being explored off Nova Scotia

The Aspy D-11/D-11A well drilling reached a depth of 7,400 metres, but didn't find commercially viable quantities of hydrocarbons, says the Hess Corporation. It is one of two companies involved in the Scotian Basin drilling project.

Hess Corporation recently said it drilled down 7,400 metres at a site, but venture wouldn't be profitable

An oil platform is shown in the North Sea off the Norwegian coast. (European Pressphoto Agency)

There are now no exploratory drilling projects happening off the coast of Nova Scotia, says a spokesperson for theCanada-Nova Scotia Offshore Petroleum Board.

On Nov. 9, Hess Corporation, which partners with BP Canada in the Scotian Basin Exploration Drilling Project,announced theAspy D-11/D-11A well drilling reached a depth of 7,400 metres, but didn't find commercially viable quantities of hydrocarbons.

Sadie Toulany, a spokesperson for the offshore petroleum board, said BP Canada is movingto permanently seal the well.

Toulany said BP still has exploratory licences for other sites that don't expire until Jan. 14, 2022.

However, the company would have to obtain permission to do any drilling at those sites and no applications have been submitted.

There also aren't any applications by other companies looking to drill in Nova Scotia's offshore, said Toulany.

In 2012, BP committed to spend $1.1 billion to explore four deep-water parcels that measure almost 14,000 square kilometres in size, according to Nova Scotia government press releases.

Last year, Shell Canada capped its two exploratory wells in its Shelburne Basin Deepwater Exploration Project.