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. Currently, nine companies hold 33 licences to search and 32 leases 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.
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.|