Deep Panuke

Deep Panuke underlies the Cohasset and Panuke oil fields that produced 44 million barrels of oil between 1992 and 1999.

Encana’s Board of Directors sanctioned Deep Panuke for development in October 2007. Natural gas production started in August 2013, with commercial production achieved in December 2013.

Higher than anticipated water production was experienced during the fall of 2014 and it was announced that November that the gas field would become a seasonal operation, operating only during the winter months.  In early 2015, Encana announced that the field’s reserves had been reduced by roughly 50 per cent, or 200 billion cubic feet, and would now produce only another 80 billion cubic feet.  As announced, production ceased between June and September 2015. Operations continued during the summer of 2016 but halted during the summer of 2017.

Gas produced from Deep Panuke is transported to Goldboro, N.S., through a pipeline that is connected to the Maritimes and Northeast Pipeline.

In May 2017, Encana issued an Expression of Interest for a harsh environment jack-up mobile offshore drilling unit (MODU) to support the plug and abandonment of five subsea wells (four production and one injection). The EOI stated that no production cessation date had been identified for the field, however the work would be conducted during the 2019-2021 timeframe.

Status: In production

Discovery: 1998

First gas:
August 2013; full commercial production in December 2013

Production life: 13 years (initial estimate)

Field location:
On the Scotian Shelf, approximately 250 km (155 mi) southeast of Halifax, N.S.

Operator: Encana Corp. 100%

Water depth: 45 m (148 ft)

Estimated recoverable resources:
Initial estimate – approximately 400 Bcf – 900 Bcf
2015 revised estimate – approximately 80 Bcf
 
Mode of development:
Offshore production and processing. Subsea pipeline transportation to landfall in Nova Scotia.

For further information:
Encana Corp.
1701 Hollis St., Suite 700
Halifax, NS    B3J 3M8
Website: www.encana.com/deeppanuke
Tel: 902-422-4500

 

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