About Resource Management

The resource management mandate of the Board encompasses the whole system from the regulation of exploration, through the land sale/tenure process to production activities. Resource management is largely the focus of three departments – Legal and Land, Exploration and Resource Management. The Board’s mandate in the area is as follows:

  • Effective and efficient administration of land tenure.
  • Oversight of production activities for consistency with maximum recovery, good oilfield practice, production accounting and approved plans.
  • To build a knowledge base for the Newfoundland & Labrador Offshore Area through the acquisition and curation of data from exploration and production activity.