OMV (Norge) AS is completing the drilling of wildcat well 7324/8-2, in production license 537, which it operates, the Norwegian Petroleum Directorate said May 15. The well is dry and will be permanently plugged and abandoned.

Well 7324/8-2was drilled about 6 km southeast of oil discovery 7324/8-1 "Wisting" in the Barents Sea. The well is also 310 km north of Hammerfest.

The well targeted petroleum in Middle Jurassic to Late Triassic reservoir rocks in the Stø and Fruholmen formations. The secondary exploration target was to prove petroleum in Middle Triassic to late Triassic reservoir rocks in the Snadd Formation).

Well 7324/8-2encountered reservoir rocks in Stø that were about 15m thick with good reservoir quality, and reservoir rocks in the Fruholmen Formation that were about 55m thick with medium to good reservoir quality. The well also encountered reservoir rocks about 10m thick in in Snadd

Data acquisition and sampling has been carried out.

This is the fourth exploration well in production license 537. The license was awarded in the 20th licensing round in 2009.

Well 7324/8-2 was drilled to 815m vertical depth and was terminated in the Snadd Formation. The site’s water depth is 394m.

Well 7324/8-2 was drilled by the Leiv Eriksson drilling facility.