Articles by Rob Antle
Crunching the Numbers
In December, the Canada-Newfoundland and Labrador Offshore Petroleum Board (CNLOPB) completed its reassessment of reserve and resource estimates at the Terra Nova field.
Staff at the federal provincial-regulator crunched data acquired from drilling and production activities at the field. Their analysis resulted in Terra Nova’s numbers spiking upward. The board’s estimate of proven and probable oil[.....]