Terra Nova

The Terra Nova oil field is located approximately 350 kilometres southeast of St. John’s, Newfoundland and Labrador, in 91 to 100 metres of water. The field is divided into three distinct areas, known as the Graben, the East Flank and the Far East.

Husky holds a 12.51 percent working interest in the field, subject to redetermination. Production at Terra Nova commenced in January 2002. Husky’s share of production in 2008 from the Terra Nova field was 4.8 million barrels or an average 12.9 mbbls/day (Husky’s working interest).

As at December 31, 2008, there were 14 development wells drilled in the Graben area, eight production wells, three water injection wells and three gas injection wells. In the East Flank area there were 11 development wells including six production wells and five water injection wells. There is one extended reach producer and an extended reach water injection well in the Far East Central area. Terra Nova completed the latest phase of its initial development drilling program in August 2007.

Canada's East Coast & Greenland Fact Sheet