OMV is underway with the drilling of its latest probe in the frontier waters of the Barents Sea offshore Norway.
The Austrian operator is drilling a well targeting the Wisting Alternative prospect, close to its recent Wisting Central discovery (see DI, 16 September 2013, page 5). The semisubmersible drilling rig Leiv Eiriksson is drilling the 7324/7-1S probe about 5 km north-west of the original discovery in Production License 537.
The well is being drilled in a water depth of 413 m (1,355 ft) to test the primary target in the Lower Triassic Kobbe formation, as well as prospectivity in secondary objectives in the Snadd structure.
The Wisting Central probe (well 7324/8-1) hit 50-60 m (164-197 ft) of net oil pay in the Hoop area, and is currently estimated to hold recoverable reserves of up to 165 MMbbl of oil as well as 10-40 Bcf of gas.
Recommended Reading
TotalEnergies Starts Production at Akpo West Offshore Nigeria
2024-02-07 - Subsea tieback expected to add 14,000 bbl/d of condensate by mid-year, and up to 4 MMcm/d of gas by 2028.
E&P Highlights: Feb. 5, 2024
2024-02-05 - Here’s a roundup of the latest E&P headlines, including an update on Enauta’s Atlanta Phase 1 project.
CNOOC’s Suizhong 36-1/Luda 5-2 Starts Production Offshore China
2024-02-05 - CNOOC plans 118 development wells in the shallow water project in the Bohai Sea — the largest secondary development and adjustment project offshore China.
US Drillers Cut Oil, Gas Rigs for First Time in Three Weeks
2024-02-02 - Baker Hughes said U.S. oil rigs held steady at 499 this week, while gas rigs fell by two to 117.
Equinor Receives Significant Discovery License from C-NLOPB
2024-02-02 - C-NLOPB estimates recoverable reserves from Equinor’s Cambriol discovery at 340 MMbbl.