oa Preliminary Seismic Interpretation of the Labrador Slope and Deepwater, Offshore Newfoundland and Labrador, Canada

The Labrador Sea is one of the largest under-explored areas along the eastern Canadian Margin. Prior to 2011, exploration of this region had focused on the continental shelf with numerous vintage 2D seismic surveys executed over the past 50 years and 30 wells drilled during the 1970’s and 1980’s. Most of the wells drilled in the Saglek and Hopedale basins were targeting shelfal structural traps. The acquisition of the new 2011-2012 Labrador Sea long offset regional 2D seismic data (22,000 km) has resulted in significant uplift in image quality and has provided new data for a vast area of the slope and deep-water that was previously un-imaged. The enhanced image quality is leading to identification of geological features and potential leads in regions never before considered prospective.