exploration

continuing a proud history of finding and developing new sources of energy for more than eight decades

A seismic ship in the Atlantic Ocean

developing vital energy resources

Chevron Canada has a proud history of exploration success. Over the past eight decades we have made numerous oil and natural gas discoveries in Western Canada, offshore Atlantic Canada and in the Northwest Territories. Today, we are continuing our quest to find and develop new sources of energy to fuel human and economic progress and prosperity in Canada and around the globe.

atlantic Canada

In the Flemish Pass Basin offshore Newfoundland and Labrador, Chevron Canada is conducting an active program on one exploration block. Chevron Canada has a 50 percent-owned and operated interest in Flemish Pass Basin Block EL 1138, comprising approximately 339,000 net acres (1,374 sq km). The block is located approximately 400 km east of St. John’s, NL.

In 2018, Chevron Canada relinquished its interest in blocks EL 1125 and EL 1126.

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discovery

In 1979, Chevron Canada discovered the Hibernia Field, kickstarting the offshore energy industry in Newfoundland and Labrador.

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first oil

In 1997, crude oil production is achieved from the Hibernia Field.

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1 billion

In December 2016, the Hibernia Field produced its one billionth barrel of crude oil.

beaufort sea

Chevron Canada has been exploring for hydrocarbons in Northern Canada since the 1950s.

Chevron Canada holds interests in more than 15 Beaufort Sea and Mackenzie Delta significant discovery licenses (SDLs), including a 40 percent nonoperated interest in the offshore Amauligak discovery. Chevron Canada retains a majority interest in one Beaufort Sea exploration license, EL 481.

In 2012, Chevron Canada conducted a 3-D marine seismic program covering this license, capturing approximately 3,700 sq km of data, the largest survey ever recorded in the Canadian Beaufort Sea. The survey was conducted without any safety or environmental incidents.

For the latest figures, view the 2018 Supplement to the Annual Report.