New Brunswick saw its first oil well drilled in the province in 1859 near Dover, in Westmorland County, representing one of the first wells drilled in North America. It was in 1909 near Stoney Creek that the province's first successful gas well began production.
New Brunswick has producing natural gas and oil wells from two operators, Corridor Resources and Contact Exploration. Currently, there are 24 active leases and 31 licences to search for oil and natural gas in New Brunswick totalling over 1.2 million hectares.
A license to search allows for the holder to explore, drill, and recover oil and natural gas from the area covered under the agreement over a three year, non-renewable term. This license can be converted to a five year, renewable lease which entitles the holder to the exclusive right to produce oil and natural gas from the area covered under the agreement. The term of the lease may be extended.
In October, 2012, Dr. Louis LaPierre, Professor Emeritus in Biology at the Université de Moncton, released his report on comments and submissions he received from the public over the course of 9 public meetings throughout the province. His report details concerns that were brought to his attention over the three months he consulted with the public and includes his own recommendations for the government.
The provincial government released the "New Brunswick Oil and Natural Gas Blueprint" in May 2013. The blueprint is meant to outline how the government will enable the responsible development of the province's natural resources.
The blueprint is based on six principles:
● environmental responsibility;
● effective regulation and enforcement;
● community relations;
● First Nations engagement;
● stability of supply; and
● economic development.
In December 2014, the New Brunswick government introduced a moratorium on hydraulic fracturing in the province following a review process that took place in 2010. The moratorium will not be lifted until more information is known about hydraulic fracturing and until certain conditions are met. However, the government stated in December 2014 as well that they remain committed to the Energy East Pipeline as well as the conversion of the Canaport LNG Terminal.
Discovered in 2000
Producing reservoir is Hiram Brook Sandstone Tight gas sandstone Gross gas reserve is 103Bcf
|Corridor Resources - New Brunswick|
|Contact Exploration Inc. - New Brunswick|
|The Path Forward - Louis LaPierre Report|
|New Brunswick Interactive Oil & Gas Map|
|Oil & Gas General Info.|