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Nalcor Energy asks Ikon to do Newfoundland pore pressure study

Thursday, November 8, 2012

Nalcor Energy has asked Ikon Science to do a pore pressure study of the subsurface offshore Newfoundland and Labrador, Eastern Canada.


Nalcor's full name is "Newfoundland and Labrador's Crown Energy Corporation."

The project aims to identify the regional pore pressure distribution in the offshore shelf and deep water regions of Newfoundland and Labrador.

The project 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.

This will be the sixth regional pore pressure study in this part of the world completed by Ikon's subsurface geo-pressure team.

The study will be available to the global oil and gas industry upon completion.

'This project will deliver to the global oil and gas industry a foundational regional pore pressure analysis of Newfoundland and Labrador's frontier basins upon which future prospect-specific pressure evaluations can be performed thereby enhancing the safety and efficiency of offshore well planning," says James Keating, Vice President, Nalcor Energy Oil and Gas.

Nalcor awarded this project to Ikon Science on account of the company's reputation and track record of science-based pressure analysis of the North Atlantic continental margins, including studies along Canada's East Coast, and in the North West European basins covering mid-Norway, the Barents Sea and the North Sea, Ikon Science says.

'This project represents a huge amount of experience already invested in the region by Ikon Science and will add significant value to the East Coast investment opportunity that Nalcor is looking for,' said Rob Dudley, Manager of Ikon Science Canada.



Associated Companies
» Ikon GeoPressure
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