Canada’s authorities have estimated that Equinor’s deep-water Harpoon oil discovery offshore Newfoundland & Labrador holds 40 million barrels of recoverable resources.
Harpoon was discovered in mid-2013 and helped open up the Flemish Pass basin play, which later resulted in a swathe of oil discoveries farther south for Equinor, including Bay du Nord.
Harpoon lies in the north of the basin and is currently non-commercial due to its size.
