Canada assesses Jeanne d’Arc basin natural gas resources

• Canada's Ministry of Industry, Energy, and Technology assessed resources for Jeanne d’Arc basin.
• The best estimate assessment determined that the natural gas resource contains 9.7 tcf.

Canada’s Ministry of Industry, Energy, and Technology assessed natural gas resources for the province in Jeanne d’Arc basin, the first comprehensive analysis of the province’s gas potential in the basin, utilizing current subsurface geological data and methodologies.

The assessment determined an 8.1-11.3 tcf resource base with a 9.7 tcf best estimate. For comparison, Nova Scotia’s Sable Offshore Energy Project estimated 3 tcf of recoverable gas at the development stage and produced 2 tcf over a 20-year period.

Budget 2023 included $4.7 million to conduct the assessment to define further and understand the range of estimated recoverable gas within the basin.

Work began in the fall of 2023, focusing on evaluating 18 areas within the basin offshore Newfoundland and Labrador where there are proven discoveries within the significant discovery licenses (SDLs) or production licenses (PLs) in currently producing Hibernia, Hebron, White Rose, North Amethyst, and Terra Nova fields.

This basin was the initial focus given the shallow waters, the existing producing infrastructure, and the supply and service community available to service any developments.

While completing the assessment, additional proven natural gas resources adjacent to or residing on the SDLs and PLs were identified. A projection of 20 identified prospects to be evaluated indicated potential for a further 7.4-30.6 tcf of natural gas. Budget 2025 includes almost $1 million for the second phase of the natural gas resource assessment to evaluate the additional prospects identified.