The Terra Nova FPSO (floating production, storage and offloading vessel) is used to produce oil from the Terra Nova field. Terra Nova was the second oil field to be developed offshore Newfoundland and Labrador and was the first development in North America to use FPSO technology in a harsh weather environment.
The Terra Nova FPSO is designed for the harsh environment of the Grand Banks, which experiences extreme cold, high winds and seas, as well as fog, ice and icebergs on a seasonal basis. The FPSO is a double-hulled, ice-reinforced vessel with five thrusters and a global dynamic positioning system that allows the vessel to maintain its headings. The vessel is approximately the length of three football fields laid end to end and stands more than 18 stories high. It can store 960,000 barrels of oil and accommodate up to 120 personnel.
Status: In operation
First oil: January 20, 2002
Located on the Grand Banks, 350 km (217 mi) east-southeast of St. John’s, NL, the field consists of three producing structural fault blocks: Graben, East Flank and Far East.
Discovery date: 1984
Operator: Suncor Energy
• Suncor Energy (37.367%)
• ExxonMobil (19%)
• Statoil (15%)
• Husky Energy (13%)
• Murphy Oil (10.475%)
• Mosbacher Operating (3.85%)
• Chevron Canada (1%)
Water depth: 90-100 m (295 – 328 ft)
Recoverable oil reserves:
506 million barrels
Production to date:
364 million barrels of oil cumulative as of November 30, 2014
25 years from first oil
Mode of development - FPSO:
Oil production wells are pre-drilled by a semi-submersible mobile offshore drilling unit. The wellheads and production manifolds are placed in excavations in the seafloor that protect the equipment from potential scouring by icebergs. A network of more than 40 kilometres of flexible flowlines is used to convey hydrocarbons to and from the wells.
Produced gases are separated from the oil and re-injected into the reservoir for production support and possible future extraction. Crude oil is offloaded from the FPSO onto large shuttle tankers for shipment.
180,000 bpd approved facility capacity
Canada – NL Benefits:
Over its life, the Terra Nova development will create significant benefits for Canada generally, and for Newfoundland and Labrador in particular.
The successful development of Terra Nova is contributing to the creation of a sustainable offshore oil industry in Newfoundland and Labrador. As many as 1200 people can be employed when both drilling and production operations are underway. More than $700 million was spent in Newfoundland & Labrador in the development of the oil field and over the life of the field Terra Nova will contribute more than $2 billion to the economy.
For further information:
Scotia Centre, 235 Water Street
St. John's, NL A1C 1B6
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