|NL16-CFB03 - Labrador South||November 8, 2017|
Sectors represent the geographic area for which a call for bids will take place in the scheduled land tenure system. Sectors will be identified at the beginning of the scheduled land tenure process, such that industry will have a known call for bids area with a long lead schedule, allowing additional time for exploration assessment. A sector will be posted via a Sector Identification announcement.
Sectors will be configured by the C-NLOPB, based upon the Area of Interest nominations received from industry and assessment of lands by the Exploration Department. The C-NLOPB has considered the appropriate size of potential sectors, given the goals and process of the scheduled land tenure system. The size of a sector will be approximately 2 million hectares (ha) or 20 000 km2 and therefore will accommodate roughly nine, 800 section exploration licences (ELs) (the maximum EL size offered by the C-NLOPB). As such, sectors will be large relative to exploration prospects, existing fields and exploration licences. They will be designed to allow for multiple play and prospect types over an extensive geographical area. Sector boundaries will be considered “flexible” for the purpose of parcel design; such that parcels can extend beyond the edge of a sector to properly contain geological features in the subsurface.
In 2013, the Board implemented a Scheduled Land Tenure System designed to provide increased timeframes for calls for bids in more frontier areas of the Canada-Newfoundland and Labrador Offshore Area. The Offshore Area has been divided into eight regions under this system, which have been individually categorized as either low activity, high activity, or mature, based on the level of oil and gas exploration and development activities.
In this system there are three rights issuance timing cycles, corresponding to the activity designations. Low activity – a four year cycle, high activity – a two year cycle, and mature – a one year cycle.
In the Scheduled Land Tenure System, the rights issuance cycle will commence with a call for nominations (Areas of Interest). The Board will consider all nominations received and assess the nominations to design a sector, which will be announced early in the process, providing the location of the future call for bids. Subsequent to the Sector Identification, a call for nominations (Parcels) will be made requesting nominations of parcels over the previously identified sector. Parcel nominations will be assessed by the C-NLOPB and used in the design of the call for bids.
Parcel nominations for all other regions not yet publically announced into the Scheduled Land Tenure System are welcome and will be assessed by the Board as received. These nominations would be considered in the one year, call for bids rights issuance cycle.
The identity of the nominee and information concerning any lands nominated is confidential.
Land Tenure Coordinator
Legal Administrative Assistant