Sable natural gas resources could support LNG projects in Nova Scotia: official

http://www.chemnet.com   Oct 01,2015 Platts

　　Untapped resources of some 1 Tcf of natural gas in the Sable basin in Atlantic Canada could emerge as a potential supplier for planned LNG projects in Nova Scotia, Murray Coolican, the province's deputy energy minister, said Wednesday.

　　"That basin is home to Encana's Deep Panuke and ExxonMobil's Sable gas projects that are now headed towards a natural decline," Coolican said at the annual Maritimes Energy Association conference. "But there are still [significant discovery licenses] there that Exxon will not develop given the current gas prices. Those could be tapped by other developers."

　　Significant discovery licenses, or SDLs, are defined by the first well drilled on a geological formation that shows by flow testing the existence of hydrocarbons and the potential for sustained production, he said.

　　Four LNG projects have been proposed for Nova Scotia, Coolican said, that could potentially require a sustained feedstock demand of at least 6 Bcf/d to 8 Bcf/d. They include the 15 million mt/year facility of AC LNG, 10 million mt/year for Goldroro LNG, 4 million mt/year for Bear Head LNG and 250,000 mt/year for Nova Scotia LNG.

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