Twenty-four oil and/or gas discoveries have been made offshore Newfoundland and Labrador. Three of the oil discoveries have been developed and a fourth is under consideration. The focus of development activity has been on the larger oil discoveries. As production from the larger discoveries matures, facilities and other infrastructure will become available for development of the remaining smaller discoveries. Development and tie-in of smaller pools and fields provides an opportunity to utilize this spare production capacity at these fields. Currently, there are several satellite tie-in and expansion projects in progress and others are under review. Development of the discovered smaller fields will play an important part in sustaining production from offshore Newfoundland and Labrador. In addition, many of the offshore basins are under explored and represent other opportunities to supply the next round of developments.
Newfoundland and Labrador, Canada's easterly province (Fig. 1) is strategically positioned on international shipping lanes, with unique access to global petroleum markets.
