BIG NEWS: Oil discoveries offshore Newfoundland, Canada

Equinor (60%), and its partner BP Canada (40%), have made two oil discoveries offshore Newfoundland, Canada. ​ 

The two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons; however, it is too early to provide specific information on volumes. 

“We are pleased to have made two discoveries offshore Newfoundland. The results are a testament to the hard work and dedication of our team, who have executed a safe campaign with positive results – particularly considering the unique challenges faced during the COVID-19 pandemic,” says Paul McCafferty, Equinor’s senior vice president for international offshore exploration.

The wells, drilled by the semi-submersible drilling rig, Transocean Barents, are located approximately 500 kms east of St. John’s, Newfoundland and Labrador. The Cappahayden well has a water depth of about 1,000 metres and the Cambriol well has a depth of 600 metres. Equinor was the operator for the wells. As part of the 2020 exploration campaign, Equinor has also drilled a top-hole at the Sitka prospect. 

Equinor Canada:  

Equinor has been active in Canada for more than 20 years and operates three discoveries in the Flemish Pass Basin: Bay du Nord and Harpoon (discovered in 2013), and Mizzen (discovered in 2010).  

Equinor is a broad energy company with a proud history. We are 21,000 colleagues committed to developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, a leading international offshore operator, and a growing force in renewables. Driven by our dedication to safety, equality and sustainability, we’re shaping the future of energy.