Chevron Drilling Deeper Offshore Newfoundland Oil Well
Chevron plans to drill an oil well in 2,600m of water and 4,150m below the ea floor. The BP Horizon well that blew out in the Gulf of Mexico is in 1,500m of water and 4,000m below the sea floor. Eastern Canada is the only area in North America where deep water exploration can continue since deep water operations were suspended in the Gulf of Mexico.
Canada is the largest single source of oil imports to the U.S. It is also the 7th largest oil, producing country in the world. In 2005 there were 25,000 new oil wells were being drilled annually in Canada.
The Chevron well is located about 230 miles northeast of St. John’s, Newfoundland on the Newfoundland continental shelf.
Some, following the Deep Horizon oil spill, have called for a relief well to be drilled as the Chevron exploratory well is being drilled.
There are currently offshore oil wells off eastern Nova Scotia. Canada has been doing seismic searches southwest of Nova Scotia on Georges Bank.