Flemish Pass Non-Exclusive Study

Introduction

PetroStrat’s non-exclusive study on the Flemish Pass Basin, offshore Newfoundland, is nearing completion. The final report, comprising a complete update of the stratigraphy of 16 wells, will be available for data licensing in May 2018. A completely updated stratigraphic framework (calibrated to GTS 2016) and palaeoenvironmental history is based on new data and a thorough review of released biostratigraphic data. This data should assist evaluation of acreage within this frontier exploration basin, where the C-NLOPB have recently (April 2018) issued Call for Bids NL18-CFB01.

Deliverables

• Summary logs and correlation panels incorporate chronostratigraphy, biozones, bioevents, and candidate sequence stratigraphic surfaces (identified via integration of biostratigraphic and log criteria), all calibrated to GTS 2016.
• Accompanying report text discusses degrees of interpretational certainty/uncertainty, explains major revisions relative to earlier interpretations, and outlines the paleoenvironmental history of each well location.
• All new data will be presented graphically and available digitally as .csv files, StrataBugs .sbg/.dex files, or as an ODM report.

Benefits

The benefits of licensing this study will be:

• Reduced uncertainty, and increased confidence in regional correlations. Reliable data enables confident calibration of seismic, following identification of sequence boundaries based on integration of biostratigraphic and log criteria, and quantification of the magnitude of unconformities.
• Greater understanding of the sediment supply, basin fill, and depositional setting in terms of the evolution of paleoenvironments, which will influence source/seal/reservoir distribution.
• Fully compatible with PetroStrat’s Orphan Basin non-exclusive study, and forthcoming studies in Southern Newfoundland.
• Exceptional value for money, when compared with proprietary rates.