Terra Nova is an oil field development project 350 kilometres off the coast of Newfoundland. Discovered in 1984 by Petro-Canada, the field is the second largest off Canada's East Coast. Terra Nova is the first harsh environment development in North America to use a Floating Production Storage and Offloading (FPSO) vessel, the Terra Nova FPSO. Production from the field began in January 2002.
Rock FormationsLate Jurassic-aged sandstone
Year Production Started2002
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Low oil prices are here to stay as the US shale oil revolution goes globalRoberto F. Aguilera & Marian Radetzki
Advancing Geoscience Through Science & ExperimentationThy Thy Vo & Diderich Buch
US Oil Exports And The Struggle For JobsJohn Richardson
Q3 2015 Oil & Gas M&A Slides to $18.2 BillionEoin Coyne
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