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

Noble posts drilling results for Katmai, Dantzler prospects in gulf

08/28/2014 Noble Energy Inc., Houston, has advanced its exploration and appraisal drilling operations on the Katmai prospect on Green Canyon Block 40 and the ...

Quicksilver-Eni well flows oil in West Texas

08/28/2014 Quicksilver Resources Inc. and Eni SPA have spudded a second well in their exploratory joint venture targeting unconventional reservoirs in Pecos C...

Canacol tests Lower Magdalena Valley gas discovery

08/28/2014 Canacol Energy Ltd., Calgary, has tested 15.5 MMscfd of dry gas in the first of its three-well exploration program targeting the Cienaga de Oro res...

WoodMac: Norway’s 10 billion bbl of undeveloped resources could net $106 billion

08/27/2014 Norway holds 10 billion boe of discovered but undeveloped natural resources, of which 60% could be commercialized and potentially add $106 billion ...

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