Mobil presented the below (024-M003-13E Map L) to Newfoundland's
Government. Hibernia's structure should be in the lower square. The
smooth slope they interpreted for the lower Cretacious is now flowing
120,000 b/d into Hibernia's first 2 production wells. Hibernia probably
has 1.5 billion barrels recoverable. The potential wealth here is so
great that oil companies are hiding obvious giant oilfields from the
Government.
When I worked for a competing US major I interpretated their maps
and by reversing their hiding techniques I exposed numerous undrilled
structures between existing oil fields. They could be tied back to
future platforms or consolidated to support a riser to a floating
production platform. We even uncovered one massive structure with
potential reserves of 40 Billion Barrels!
To explore Newfoundlands' virgin basins you need an experienced
explorationist resident in Newfoundland. One who sees through the
misinformation and critically reviews prospects. My computer mapping
experience has trained me to eliminate bias and thus reveal the best
prospects. Contrast that with the US standard of geologists promoting
prospects they contrived to map.
I want to develop Newfoundland. Drilling dusters is a waste!
My international experience shows me that Newfoundland's best prospects
are on open concessions! But with the spate of drilling it will not take
long before those companies already here orientate towards the richest
areas.