OMV’s Exploration Success in Norway

Source: www.gulfoilandgas.com 4/4/2018, Location: Europe

The HPHT (high pressure, high temperature) well had two exploration targets, the primary target of the Hades prospect in the Cretaceous Lange Formation, and the secondary target in the Jurassic Garn Formation of the Iris prospect. The well discovered gas and condensate in both exploration targets with very good reservoir properties.

Knut Mauseth, Managing Director of OMV (Norge) AS: “This is our second exploration success as operator following the Wisting discovery, and the first HPHT exploration well we have drilled on the Norwegian Continental Shelf.”

The preliminary result is based on data gathered from both reservoir intervals and indicates a discovery size for Hades of 20 to 115 mn recoverable boe, and for Iris an estimated discovery size of 20 to 130 mn recoverable boe.

“I am extremely pleased with the well result and this is a testament to our drilling competency and exploration capability within OMV. Hades and Iris could be of significant size and the licensees will evaluate and further investigate the potential of the discoveries”, said Mauseth.

The exploration well is located in the Norwegian Sea, close to the existing infrastructure of the producing Morvin field and the ?sgard field, 244 km northwest of Kristiansund. The water depth in the area is 342 meters. The license was awarded in connection with APA 2015 (APA - “Awards in Predefined Areas”) . The well 6506/11-10 is the first well in PL 644 B.

Gary Ingram, Vice President Exploration of OMV, says, “The Hades and Iris exploration discovery well is very pleasing and is the result of excellent geosciences work.”

The Hades and Iris exploration well has been drilled with an excellent HSSE performance by the semi-submersible drilling rig Deepsea Bergen.

OMV (Norge) AS is the operator of PL 644/644 B with a 30 percent working interest. The partners are Statoil Petroleum AS (30%), Faroe Petroleum Norge AS (20%) and Spirit Energy Norge AS (20%).


Falkland Islands >>  4/27/2021 - Argos Resources, the Falkland Islands based exploration company focused on the North Falkland Basin, has announced that the Falkland Islands Governmen...
Guyana >>  4/27/2021 - ExxonMobil has made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross disco...

United States >>  4/27/2021 - 88 Energy has provided an update in the NPR-A region of the North Slope of Alaska.

Highlights

- Testing commenced on side...

Bahamas >>  4/23/2021 - BPC, the Caribbean and Atlantic margin focused oil and gas company, with production, appraisal, development and onshore and offshore exploration asset...

Nigeria >>  4/21/2021 - ADM Energy PLC, a natural resources investing company, is pleased to announce it has entered into a non-binding collaboration agreement ("CA") with OE...
Norway >>  4/21/2021 - Equinor and partners Total E&P Norge AS and Vår Energi AS have struck oil and gas in a new segment belonging to the Tyrihans field in the Norwegian Se...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.