Canada upstream news

The Lewis Hills 3D volume is positioned in the Orphan Basin, with recent discoveries in the Flemish Pass and connecting further south to the productive Jeanne D’Arc Basin.

The company has completed decommissioning and removal of the Sable Project off the coast of Nova Scotia, Canada.

Hipp Creek 3D will add nearly 200 km2 of seismic data tying into existing TGS 3D seismic coverage within their core area of the Montney Basin in British Columbia, Canada.

The survey covers existing lease blocks and open acreage in the prospective Orphan Basin.

Fugro’s field campaign will run from July until August and entails a seabed survey, an environmental survey and a soils investigation.

The transaction includes the transfer of approximately 450 000 net acres in the Fox Creek (Kaybob) and Rocky Mountain House (Willesden Green) areas, along with related infrastructure, currently producing around 30 000 boe/d from more than 270 wells.

Completion is anticipated in the first half of 2021.

The Syncrude joint venture has agreed in principle that Suncor will become the operator of the Syncrude oil sands project in Alberta, Canada, by the end of 2021.

Two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons.

Cenovus Energy has agreed to buy Husky Energy in an all-stock deal valued at CAN$3.8 billion (US$2.9 billion).