The Sable Offshore Energy Project (SOEP) was a consortium based in Halifax, Nova Scotia which explored for and produced natural gas near Sable Island on the edge of the Nova Scotian continental shelf in eastern Canada.
[1] The first tier was completed in 1999 resulting in the development of the Thebaud, North Triumph, and Venture natural gas fields.
Extreme North Atlantic Ocean weather and low natural gas prices were blamed.
In September, the sub-sea pipeline, linking the Sable Island fields to Goldboro gas plant 225 km (140 mi) away, was completed.
[2]: 55 The structural trap consists of an east-west trending anticline bounded on the north by a fault, with gas occurring in multiple Upper Jurassic to Lower Cretaceous sandstone reservoirs 1600 m thick at depths from 4 to 6 km.