We are exploring in parts of Beaufort, Nova Scotia, Newfoundland and Labrador
Find out more about why we explore in these area in the video
BP has decades of experience managing the extraction of oil and natural gas in all types of environments around the world, both onshore and offshore. Exploration is a critical activity to enable continued oil and gas discoveries to maintain production to meet global demand.
BP is exploring parts of the Beaufort Sea in Canada’s Arctic under a joint operating agreement with ExxonMobil Canada and project operator Imperial Oil Ventures Resources.
BP holds a 100% interest in two other exploration blocks in the Beaufort Sea. In total, BP holds an interest in more than 8,000 square kilometres in exploration licences.
The Scotian Basin Exploration Project is a proposed exploration program that includes seismic acquisition and drilling across four exploration licences (ELs 2431, 2432, 2433 and 2434), located approximately 300 kilometres offshore Nova Scotia.
BP holds a 50% interest in the ELs and is the operator of the exploration program. Hess Canada holds a 50% interest in the ELs.
Newfoundland and Labrador
BP holds an interest in ten exploration licences in the Eastern Newfoundland Region offshore Newfoundland and Labrador.
- EL 1140 and 1141, 1142: Equinor 34% (operator); Exxon Mobil 33%; BP Canada 33%
- EL 1125 and 1126: Equinor (operator) 40%, Chevron 40% and BP Canada 20%
- EL 1145, 1146 and 1148: BP Canada (operator) 50%, Hess 25%, Noble 25%
- EL 1149: BP Canada (operator) 60%, Noble 40%
- EL 1155: Husky Oil Operations Limited 50% (operator); BP Canada 50%