Melville Island is an uninhabited member of the Queen Elizabeth Islands of the Arctic Archipelago. With an area of 42,149 km2 (16,274 sq mi), it is the 33rd largest island in the world and Canada's eighth largest island.
Hibernia is an oil field in the North Atlantic Ocean, approximately 315 kilometres (196 mi) east-southeast of St. John's, Newfoundland, Canada, in 80 m of water.
MV Arctic was an icebreaking cargo ship built in 1978 at the Port Weller Dry Docks in St. Catharines, Ontario, Canada. The ship was owned and operated by the Fednav Group. Arctic was sold for recycling in Aliağa, Turkey in April 2021.
Cameron Island is one of the uninhabited members of the Queen Elizabeth Islands in the Canadian arctic islands in Nunavut, Canada. Located in the Arctic Ocean, close to Bathurst Island, it has an area of 1,059 km2 (409 sq mi), 42 to 43 kilometres long and 47 to 38 kilometres wide. Île Vanier lies immediately to the south, across the Arnott Strait.
Petroleum production in Canada is a major industry which is important to the overall economy of North America. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer and fourth largest oil exporter. In 2019 it produced an average of 750,000 cubic metres per day (4.7 Mbbl/d) of crude oil and equivalent. Of that amount, 64% was upgraded from unconventional oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of the Canadian petroleum production is exported, approximately 600,000 cubic metres per day (3.8 Mbbl/d) in 2019, with 98% of the exports going to the United States. Canada is by far the largest single source of oil imports to the United States, providing 43% of US crude oil imports in 2015.
The Canadian petroleum industry arose in parallel with that of the United States. Because of Canada's unique geography, geology, resources and patterns of settlement, however, it developed in different ways. The evolution of the petroleum sector has been a key factor in the history of Canada, and helps illustrate how the country became quite distinct from her neighbour to the south.
Exploration for petroleum in the Arctic is expensive and challenging both technically and logistically. In the offshore, sea ice can be a major factor. There have been many discoveries of oil and gas in the several Arctic basins that have seen extensive exploration over past decades but distance from existing infrastructure has often deterred development. Development and production operations in the Arctic offshore as a result of exploration have been limited, with the exception of the Barents and Norwegian seas. In Alaska, exploration subsequent to the discovery of the Prudhoe Bay oilfield has focussed on the onshore and shallow coastal waters.
Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.
Canada's early petroleum discoveries took place near population centres or along lines of penetration into the frontier.
Offshore oil and gas in the United States provides a large portion of the nation’s oil and gas supply. Large oil and gas reservoirs are found under the sea offshore from Louisiana, Texas, California, and Alaska. Environmental concerns have prevented or restricted offshore drilling in some areas, and the issue has been hotly debated at the local and national levels.
Offshore drilling for oil and gas on the Atlantic coast of the United States took place from 1947 to the early 1980s. Oil companies drilled five wells in Atlantic Florida state waters and 51 exploratory wells on federal leases on the outer continental shelf of the Atlantic coast. None of the wells were completed as producing wells. All the leases have now reverted to the government.
Offshore oil and gas in the Gulf of Mexico is a major source of oil and natural gas in the United States. The western and central Gulf of Mexico, which includes offshore Texas, Louisiana, Mississippi, and Alabama, is one of the major petroleum-producing areas of the United States. Oil production from US federal waters in the Gulf of Mexico reached an all-time annual high of 1.65 million barrels per day in 2017. Oil production is expected to continue the upward trend in 2018 and 2019, based on ten new oil fields which are planned to start production in those years. According to the Energy Information Administration, "Gulf of Mexico federal offshore oil production accounts for 15% of total U.S. crude oil production and federal offshore natural gas production in the Gulf accounts for 5% of total U.S. dry production."
Desire Petroleum plc was an oil and gas exploration company headquartered in Malvern, England. It owned offshore exploration and production licences in the North Falkland Basin in the waters north of the Falkland Islands and its core focus was to develop the basin into a major new hydrocarbon province.
Roc Oil Company Limited is a petroleum company based in Sydney, Australia. It was established in 1997 as a privately owned company by John Doran. In 1999, the company was listed on the Australian Securities Exchange, and in 2004, was listed on the Alternative Investment Market in London, becoming a dual listed company. In 2008, Roc Oil merged with Anzon Australia, and in 2014 it was acquired by Fosun International.
The Melville Island oil sands are a large deposit of oil sands on Melville Island in the Canadian Arctic Archipelago.
Vladimir Ignatyuk is a Russian icebreaking anchor handling tug supply vessel. She was built by Burrard-Yarrows Corporation in Canada in 1983 as Kalvik as part of an Arctic drilling system developed by BeauDril, the drilling subsidiary of Gulf Canada Resources. After the offshore oil exploration in the Beaufort Sea ended in the early 1990s, she was sold to the Canadian shipping company Fednav in 1997 and renamed Arctic Kalvik. In 2003, she was purchased by Murmansk Shipping Company and transferred to Russia.
Rex International Holding is an oil and gas company headquartered in Singapore and listed on the Singapore Exchange Securities Trading Limited’s Mainboard. The company was publicly listed on 31 July 2013 on Singapore Exchange's secondary board Catalist and started trading on the Singapore Exchange's Mainboard on 8 March 2022.
Miscaroo was an icebreaking anchor handling tug supply vessel built by Vancouver Shipyards for BeauDril, the drilling subsidiary of Gulf Canada Resources, in 1983. She was part of a fleet of Canadian icebreakers used to support offshore oil exploration in the Beaufort Sea. In the 1990s, the vessel was acquired by Canadian Marine Drilling (Canmar) and renamed Canmar Miscaroo. In 1998, she was purchased by Smit International and served in the Sakhalin oil fields as Smit Sakhalin until 2017 when the 34-year-old icebreaker was sold for scrapping in China.
Zhong Shan Da Xue Ji Di is a Chinese icebreaker owned by the Sun Yat-sen University. She was built in 1983 as an icebreaking anchor handling tug supply vessel (AHTS) Ikaluk for BeauDril, the drilling subsidiary of Gulf Canada Resources, to support offshore oil exploration in the Beaufort Sea. In the 1990s, the vessel was acquired by Canadian Marine Drilling (Canmar) and renamed Canmar Ikaluk. In 1998, she was purchased by Smit International and served in the Sakhalin oil fields as Smit Sibu. In 2009, she was acquired by FEMCO Management and in 2012 given back her original name. Ikaluk was sold to China in February 2018 and renamed Beijing Ocean Leader. In late 2021, the vessel was acquired by its current owner.
The Zama Oil Field is an oil field located 60 km off the coast of Tabasco, Mexico, in the Block 7 of the Sureste Basin. It was discovered in July 2017 by Talos Energy’s Zama-1 well. It’s estimated to hold up to two billion barrels of oil. Zama is named after the Maya word for "dawn".
