Photo taken from the Terra Nova Floating Production Storage Offloading vessel (FPSO) of a large supply
boat on a stormy October Day.
Location: 350 km east southeast of St. John's, NF and 35 km
southeast of Hibernia
Project Facts on Terra Nova oil field
Name: Terra Nova
Discovered: 1984
Type: Oil - second largest discovered oil development
offshore Newfoundland
Fields: Terra Nova oil field (Graben, East Flank and Far
East fault blocks, in the Jeanne d'Arc Basin, Grand Banks)
Project components: Floating Production Storage and
Offloading (FPSO) vessel, semisubmersible drilling rig, glory
holes, subsea system, shuttle tanker and transportation services -
supply vessel and helicopter
Established reserves: 1 billion barrels
Recoverable reserves: 370 million barrels in the Graben and
East Flank with the undelineated Far East having the potential to
add an additional 100 million barrels, if successful
Average production (anticipated): 115,000 barrels per day
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