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June 29, 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: June 29, 1998

     Geophysical Surveys
    
       Program Number Operator/Survey Vessel Start Date kms complete
(total kms
planned)
Comments
        8924-M003-003E Mobil 2-D seismic,
Grand Banks
Geco Rho May 21, 1998 3,110
(5,000)
604 km acquired last week
        8924-G005-002P GSI/2-D seismic,
Grand Banks
Polar Duke June 14, 1998 891
(5,000)
666 km acquired last week
        
        8924-J014-001P Jebco/2-D seismic,
Grand Banks
S/V Calgary June 12, 1998 480
(2,905)
383 km acquired last week
        8924-P028-006E Petro Canada/3-D
seismic, Grand Banks
Geco Orion

June 20, 1998

2,250
(46,576)

994 km acquired last week
        8924-V003-001P Veritas/2-D seismic,
Grand Banks
Professor
Kurentsov
June 21, 1998 658
(2,960)
649 km acquired last week
Drilling
Well / Location Drilling
Installation
Spud
Date
Current
Depth (Projected Total Depth)
Current
Operation
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)

April 6, 1998  6,642M
(6,682 M)

Coring
HMDC Hibernia B-16 6

46 45'02.2"N; Lat.
48 46'58.3"W: Long.
Licence: PL 1001

Hibernia Platform
M72 (West Rig)

June 23, 1998
510 M
(5,247 M)

Drilling 340mm hole
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 24, 1998 Shut-in
HMDC - Hibernia B-16 4Z Oil Producer June 3, 1998 Producing
HMDC - Hibernia B-16 6 Water Injector June 29, 1998 Waiting on process to back flow
HMDC - Hibernia B-16 7 Water Injector May 22, 1998 Injecting

PL = Production 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.

Injecting: Injecting water or gas into the resevoir for the purpose of maintaining resevoir pressure, maximizing oil recovery and conserving resources.

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.

Perforate/Perforating: Piercing the casing and cement using shaped explosive charges to provide a  flow path for formation fluids

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 06 29 3:40 p.m.

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