Terra Nova

Article Nov. 21, 2018

Terra Nova

Production and handling

Terra Nova crude oil is produced by a joint venture between ExxonMobil (22%), PetroCanada, Husky Oil, NorskHydro, Murphy and others.

The Terra Nova oil field was developed using a Floating Production Storage and Offloading (FPSO) vessel. This facility is a ship-shaped vessel with integrated oil storage from which oil is offloaded onto shuttle tankers.

Recoverable reserves are estimated at 370 million barrels from the Graben and East Flank and the Far East having the potential to add an additional 100 million barrels. Current production is approximately 50 kbd. 

Load Port and shipping information

Terra Nova oil is produced from the Terra Nova FPSO. The FPSO is located 200 miles off the shores of Newfoundland. Three purpose-built 850,000 barrel Canadian flag tankers shuttle the crude oil to Newfoundland Transhipment Terminal (NTL) at Whiffen Head. 

Newfoundland Transhipment Terminal

NTL is located on the eastern side of the head of Placentia Bay. The exact location is 47° 46' 26"N and 54° 00' 58" W. Mariners are referred to Canadian Hydrographic Chart No. 4839 - Head of Placentia Bay. Hibernia crude is also loaded from this terminal. 

NTL loads up to 155 DWT Tankers. For more information on the transhipment terminal, please visit the NTL website.

Characteristics

  • Gravity 34.2
  • Sulfur 0.52%
  • Loading port Whiffen Head

Disclaimer

The materials contained in this website are provided to you courtesy of ExxonMobil and are based on a range of data and information. While care has been taken in preparing the materials, ExxonMobil makes no representations, warranties or guarantees as to their accuracy, reliability, quality, correctness or completeness. Each user must make its own determination and judgment on applying any information in this assay. Any and all use of this information shall be the sole responsibility of the user, and the user releases ExxonMobil and its affiliates from any and all claims arising from its use and shall defend and hold ExxonMobil and its affiliates harmless from any third-party claims arising from the user's application or use of any part of the materials.

Related content

Business divisions

An industry leader in almost every aspect of the energy and chemical manufacturing businesses, we operate facilities or market products in most of the world’s countries and explore for oil and natural gas on six continents.

Who we are Article Sept. 4, 2018

Global operations

We operate facilities or market products all over the world and explore for oil and natural gas on six continents.

Energy and environment Topic

Crude trading

The equity crude oil marketing group is an integrated operations, logistics and trading team that operates around the world.

Crude oils Topic