Newfoundland and Labrador’s offshore spans 1.8 million square kilometers with its oil reserves emerging as some of the most carbon-competitive in the world.

A new crown corporation has been established to lead oil and gas activities in Newfoundland and Labrador. Our company continues to be responsible for all exploration pursuits, along with future investment in offshore developments and management of the Bull Arm Fabrication Site. We also manage the Province’s interests in existing oil and gas assets; Hebron, White Rose, and Hibernia Southern Extension. The transition to establish the new company is currently underway. Stay tuned for further information.

Take a deep dive with NESS

The North Atlantic is a big place, we’re making it a lot smaller.

Nalcor Energy takes a systematic and scientific approach to evaluating Newfoundland and Labrador’s frontier basins. Through its proprietary Nalcor Exploration Strategy System (NESS), information from multiple sources, studies and reports is united on an interactive map enabling users to display, filter and analyze a vast array of data and information in one location.

Key Facts

line km of new 2-D multi-client data
million km2 of metocean analysis
line km of new 3-D multi-client data
of NL’s offshore basincaptured by resource assessments
leads and prospects and new basin areasdefined by new seismic work
of offshore wells analyzed

We are actively sharing our geoscience knowledge with the global oil and gas industry through our proprietary Nalcor Exploration Strategy System (NESS).

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