Post by
kewlmoed on Apr 06, 2022 3:43pm
Sparton's Nat Gas
SOEP ceased production in 2018. Sparton has a 6% unitized interest in the Chebucto K-90 gas resource which is a Tier 3 field and never went into production. It is about 10 Miles from the North Triumph production platform. A study was done about 15 years ago to bring it in, but gas prices fell, and it was not deemed economic. Sparton still holds the interest at minimal cost but is not aware of any new plans for the area .
Kind Regards
Lee Barker
Sable Offshore Energy Project
The Sable Offshore Energy Project was Canada’s first offshore natural gas project. The Sable Project provided a new source of clean energy to Nova Scotia, New Brunswick, and new supply to the northeastern United States.
Late 1959
Exploration programs for offshore natural gas and oil begin in Nova Scotia with the issuing of offshore leases.
Mid -1990’s
The joint venture that would develop the Sable Project was formed. The Sable Project was operated by ExxonMobil Canada Properties (50.8% ownership). The other owners included Shell Canada Limited (31.3%), Imperial Oil Resources (9%), Strathcona Resources Ltd. (8.4%) and Mosbacher Operating Ltd. (0.5%).
1960’s
The first exploration well was drilled by Mobil.
1970’s -1980’s
A series of discoveries were made including:
1972 - The Thebaud field
1979 - The Venture field
1983 - The South Venture field
1984 - The Alma field
1986 -The North Triumph field
The Sable Project was comprised of seven offshore platforms in five different fields with 22 wells and 340 kilometres of subsea pipeline. The fields included Thebaud, North Triumph, Venture, Alma and South Venture. The development was spread over 200 square kilometres near Sable Island in the North Atlantic Ocean.
The seven platforms were located in shallow water with depths between 22 and 76 metres. Interfield pipelines connected satellite fields to the central Thebaud complex, which included a processing facility and accommodations unit, a wellhead platform and a compression deck.
1997-1998
The initial regulatory process culminated with the approval of the Sable Project Development Plan. Construction of the Maritimes & Northeast Pipeline began, which would carry Sable natural gas to markets in Nova Scotia, New Brunswick and the U.S. Northeast.
The Thebaud complex was connected by a 200-kilometre subsea pipeline to a gas plant located at Goldboro, Guysborough County. There, liquids were removed and sent by pipeline to the Point Tupper Fractionation Plant for additional processing and with its end products such as propane and butane delivered to market by truck, rail and ship. Market-ready gas was then transported from Goldboro to customers via the Maritimes & Northeast Pipeline.
After more than 20 years since development began, December 31, 2018 marked the end of natural gas production from the Sable project.