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April 7, 1998
(Mines and Energy)


The following is being distributed at the request of the Canada-Newfoundland Offshore Petroleum Board:

Weekly Public Status Report
Oil and Gas Activities Offshore Newfoundland and Labrador
Issued: April 6, 1998

Production        
Well Well Type Completion Date Status  
HMDC- Hibernia B-16 1 Oil Producer December 2, 1997 Producing
HMDC- Hibernia B-16 2 Oil Producer December 14, 1997 Shut-in
HMDC - Hibernia B-16 3 Oil Producer February 22, 1998 Shut-in  
Well / Location Drilling
Installation
Spud
Date
Current
Depth
Current
Operation
      (Projected
Total Depth)
 
HMDC Hibernia B-16 4
46 45'02.6"N: Lat.
48 46'57.7"W; Long
Licence: PL 1001
Hibernia Platform
M71 (East Rig)

Nov. 22,
1997
4,825 M
(4,825 M)

Preparing to install
production tree
         
HMDC Hibernia B-16 5
46 45'01.9"N: Lat.
48 46'57.4"W; Long
Licence: PL 1001
Hibernia Platform
M71 (East Rig)

- -------M
(6,682 M)

Preparing to
spud
         
HMDC Hibernia B-16 7

46 45'02.3"N; Lat.
48 46'58.4"W: Long.
Licence: PL 1001

Hibernia Platform
M72 (West Rig)

Feb. 18
1998
4,568 M
(5,620 M)

Preparing to drill
216mm hole
         

PL = Production Licence
EL = Exploration Licence

Contact: Canada-Newfoundland Offshore Petroleum Board, (709) 778-1400

________________________

Glossary of Petroleum Terminology

BOP/BOP Stack: Blowout preventers/blowout preventer stack - an assembly of heavy-duty valves attached to the wellhead to control well pressure and prevent a blowout.

Casing: Steel pipe set in a well to prevent the hole from sloughing or caving and to enable formations to be isolated (there may be several strings of casing in a well, one inside the other).

Cementing: Pumping a liquid slurry of cement, water and other additives behind a string of casing to isolate formations.

Completion/Completed::The activity necessary to prepare a well for the production of oil or gas or the injection of water or gas into the reservoir.

Fish: An object lost (or stuck) in the wellbore obstructing operations.

Fishing: Operations to recover fish.

Liner: A length of casing suspended from the base of a previously installed casing string (a liner does not extend back to the surface of the well).

Logging: Acquisition of downhole data using tools run in the well, usually on wireline.

Producing/Production: Flowing oil and/or gas from a well to the production systems.

Production tree: An arrangement of heavy duty valves and fittings installed on the wellhead to control flow from the well and/or to facilitate injection operations.

Reaming: An operation to restore a wellbore to its original diameter (occasionally, a wellbore will cave in).

Shut-in: A well in which the valves in the production tree have been closed to cease production or injection operation on a well.

Sidetracking: The operation of deviating a well around a fish.

Spud: The initial penetration of the ground or seafloor - the start of the drilling operation.

Suspension/Suspend: The temporary cessation of drilling or production operations in a well.

Wellbore: The hole drilled by the drill bit.

Wellhead: Steel equipment installed at the surface of the well containing an assembly of heavy duty hangars and seals (the wellhead is used to support the weight of casing strings hung from it and to contain well pressure).

1998 03 23 4:55 p.m.

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