Study revives exploration interest offshore Nova Scotia
Beicip-Franlab has used basin modeling technologies developed by IFP Energies nouvelles (IFPEN) to reassess Nova Scotia’s offshore hydrocarbon potential.
RUEIL-MALMAISON, France – Beicip-Franlab has used basin modeling technologies developed by IFP Energies nouvelles (IFPEN) to reassess Nova Scotia’s offshore hydrocarbon potential.
Partly as a result of this study, the company says thatShell and BP acquired exploration blocks in this area and have committed $1 billion each to their programs.
Exploration drilling in the Atlantic offshore Nova Scotia previously brought patchy results.
In 2010-2011, Beicip-Franlab, an IFPEN subsidiary specializing in consultancy and geoscientific software marketing, performed a study of the region on behalf of the Canadian authorities. Its findings revealed an oil potential in a region previously considered a gas province.
The company based its assessment partly on new seismic, geological, and geochemical interpretations using the latest versions of TemisFlow and Dionisos software that it developed with IFPEN.
TemisFlow can help understand and model the evolution of petroleum systems in time and space (genesis, expulsion, migration, and trapping of hydrocarbons). Using Dionisos software, it is possible to model sedimentary filling on a basin scale.