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Nova Scotia Subsurface Energy R&D Investment Program (SERDIP)

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DAL-2026-22771623-1International

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The Nova Scotia Subsurface Energy R&D Investment Program (SERDIP) is a provincial initiative administered by Dalhousie University to evaluate the potential of onshore hydrocarbon resources through controlled research and exploratory drilling. The program seeks industry proponents capable of commencing drilling by 2027 to enhance geological knowledge and assess resource viability while adhering to the Petroleum Resources Act (Energy) and strict environmental stewardship. Successful applicants will negotiate a Petroleum Exploration Agreement with the Province of Nova Scotia, granting exclusive exploration and production rights for an initial three-year term, which may be renewed twice for a total of up to nine years. Financial incentives are provided through a tiered reimbursement structure per well, offering 100 percent reimbursement for the first 2 million CAD and 50 percent for costs thereafter, up to a maximum cap of 5 million CAD per well. Reimbursements are issued upon the full completion of the approved project scope, specifically at the time of rig release. Proponents are evaluated on a weighted basis across four categories: corporate governance and sustainability, technical competency, performance track record in HSE and regulatory compliance, and financial capability. Submissions must be uploaded in PDF format to Dalhousie University's bidding system by November 30, 2026, and must include detailed corporate information, technical project elements, and an indicative budget.

General Info

Nova Scotia offers drilling reimbursements for hydrocarbon exploration projects starting by 2027.

Place of Performance

CAN

Set-Aside

NONE

Documents

2
PDF, High priority: read this firstrfp
High
PDF, Low prioritysupporting-documents
Low

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Timeline

PhaseSolicitation
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Organization & Contact Information

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AgencyDalhousie University
ContactsNo contacts available
OfficeCAN
Organization / AgencyDalhousie University
Office AddressCAN
ContactsNo contact information available

Full Description

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The Subsurface Energy R&D Investment Program (SERDIP or Program) is a provincial initiative designed to understand the potential to explore Nova Scotia’s onshore hydrocarbon resources while ensuring environmental stewardship and transparency. The program aims to enhance geological knowledge and assess resource viability and extraction. The Program will offer financial incentives (Appendix E) to operators to explore Nova Scotia’s petroleum potential as part of a controlled research initiative. This work will advance scientific understanding of subsurface geology and modern drilling and stimulation technologies applied in the Nova Scotia environment, helping shape future energy policy and economic development.Ideal applicants would be capable of commencing exploratory drilling in 2027. The Province of Nova Scotia (the “Province”) recognizes the accelerated nature of this schedule and is committed to expediting its internal review and approval processes wherever reasonably possible. At the same time, the Province and operators will continue to comply with all applicable safety, regulatory, and governance requirements (Petroleum Resources Act (Energy). The Province may consider reasonable adjustments to project timelines as part of subsequent discussions with proponents. Any such considerations would be addressed on a case-by-case basis and would be subject to mutual agreement. Successful proponents identified during the second Call for Participation will negotiate a Petroleum Exploration Agreement with the Province of Nova Scotia, giving the proponent the exclusive right to explore for and produce oil and gas from the agreed to lands for a 3-year term (renewable up to twice for a total of 9 years). Please Note: To ensure the latest information and updates regarding this bid, the onus is on the bidder to ensure they are monitoring the bidding system for issued addenda, clarifications and instructions that may impact submissions.

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