OMV makes Barents Sea oil discovery

OMV (Norge) AS, operator of PL 537 in the Barents Sea offshore Norway, estimates that its Hanssen discovery (Sto formation) contains 20-50 million boe, largely oil.

The company’s third wildcat, 7324/7-2 Hanssen is undergoing completion. It was drilled to a vertical depth of 1,679 m in 417.5 m of water. The well was terminated in the Snadd formation of Middle Triassic age. The main objective of the well was to prove hydrocarbons in Middle Jurassic to Late Triassic reservoir rocks (Sto, Nordmela, and Fruholmen formations), with the secondary objectives in Late to Middle Triassic reservoir rocks (Snadd formation).

The well encountered a 20-25 m gross oil column in the main target (Sto formation). Once the operator performs a formation test, and the well will be permanently plugged abandoned.

The operator and its joint venture partners made the Hanssen discovery 7 km northwest of the 7324/8-1 Wisting Central oil discovery and 315 km north of Hammerfest (OGJ Online, Sept. 6, 2013). Confirmed potential for Wisting ranges 200-500 million boe.

Interests in PL537 are OMV (Norge) 25%; Tullow, Idemitsu, and Petoro, 20% each; and Statoil, 15%.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected