Summary - Parcel 1
- Parcel 1 located southwest of the Sable Subbasin where 23 discoveries have been made to date
- A number of promising structures are present in an area down-slope from a major Early Cretaceous river system, where seismic stratigraphic studies suggest deepwater sands were deposited
- Gas bearing sands encountered in the nearby Newburn H-23 deepwater well (and several other deepwater wells on the Scotian slope) demonstrate a working hydrocarbon system is present in deepwater, and that clastics as coarse as pebble conglomerates were transported into deepwater
- The “Big Tancook” structure has a closure area up to 40 km2, and has an estimated 1.3 Tcf (P90) to 4.1 Tcf (P10) of in-place gas in this one structure alone
Parcels Map