Sable Offshore Energy Project

Sable Offshore Energy Project
Sable Offshore Energy Project
	Location of Sable Island{{{name}}}Location of Sable Island

For the German SOEP survey, see German Socio-Economic Panel.

The Sable Offshore Energy Project (SOEP) is a consortium based in Halifax, Nova Scotia which is attempting to locate and produce natural gas found near Sable Island on the edge of the Nova Scotian continental shelf in eastern Canada. SOEP produces between 400 and 500 million cubic feet (14,000,000 m³) of natural gas and 20,000 barrels (3,200 m³) of natural gas liquids every day^[1].

The first tier was completed in 1999 resulting in the development of the Thebaud, North Triumph, and Venture natural gas fields.

History

In 1979 the drill rig Gulftide struck success and the Venture field was discovered. At the time, the cost of developing the gas field proved prohibitive. Extreme North Atlantic Ocean weather and low natural gas prices were blamed. In 1995, improvements in drilling technology along with an increase in natural gas prices made recovering the gas economic allowing SOEP to emerge. In January 1998, ground was broken for the Goldboro gas plant. In November, the Galaxy II rig spuds the first production well at the Thebaud field. The Thebaud platform and wellhead were installed in August 1999. In September, the sub-sea pipeline, linking the Sable Island fields to Goldboro gas plant 225 km (140 mi) away, was completed. In November, construction of the fractionation plant and gas plant were completed and first natural gas was recovered a month later offshore. First gas shipped to market in January 2000.

Further information: History of the petroleum industry in Canada

Fields

The fields of SOEP are being developed in two stage, with the cost of development of an estimated field life of 25 years. The Thebaud, North Triumph, and Venture were developed in the first stage and completed in 1999.

The first Phase II platform, Alma, came onstream in late 2003 while production from South Venture, the second field began late in 2004.

Facilities

Offshore

Thebaud Processing Facility
Venture platform
North Triumph platform
Alma Facilities
South Venture platform

Onshore

Goldboro Gas Plant (Goldboro, Guysborough County)
Point Tupper Fractionation Plant (Point Tupper, Richmond County)

Consortium partners

External links

References

↑ Simon Mauger, Dana Bozbiciu (2011). "How Changing Gas Supply Cost Leads to Surging Production". http://www.ziffenergy.com/download/papers/Gas_Costs_Supply_%20Growth_April_2011_web_version.pdf. Retrieved 2011-05-10.

pt:Sable Offshore Energy Project

[1] Simon Mauger, Dana Bozbiciu (2011). "How Changing Gas Supply Cost Leads to Surging Production". http://www.ziffenergy.com/download/papers/Gas_Costs_Supply_%20Growth_April_2011_web_version.pdf. Retrieved 2011-05-10.

[1]