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Ikon Science Canada has been awarded a major project that will identify the regional pore pressure distribution in the offshore shelf and deep water regions of Newfoundland and Labrador, a news release said.
The project, awarded by Nalcor Energy Oil and Gas Inc., extends from the northern tip of Labrador to the Flemish Pass basin, an area similar in size and scale to the US Gulf of Mexico. The data set includes 30 wells and will utilize Ikon’s experience with global deep water regions analogous to offshore Newfoundland and Labrador, according to the release. This study, which will be available to the global oil and gas industry upon completion, is one of several ongoing Nalcor geoscience initiatives to advance the exploration and future development of Newfoundland and Labrador’s frontier petroleum basins.
This will be the sixth regional pore pressure study in this part of the world completed by Ikon’s subsurface geo-pressure team.