Equinor: 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.

Paul McCafferty, Equinor’s senior vice president for international offshore exploration, says:

"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.”

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.