- Promising exploration and appraisal drilling in UK continental shelf
- Laying the groundwork for future developments
- Further growth in UK’s offshore oil and gas reserves expected
OMV has announced that its 100% subsidiary OMV (U.K.) Ltd, together with international partners, has had two recent drilling successes in its core area of Northwestern Europe. Exploration well 204/25a-8 drilled on the Amos prospect, west of Shetlands, with the potential to be commercial due to its proximity to the producing Schiehallion Field, was completed in April 2008 as an oil discovery. The Jackdaw appraisal well 30/2a-7 in the Central North Sea has successfully identified hydrocarbon volumes. A sidetrack appraisal well is currently being drilled and will be completed by the end of 2008. These recent drilling successes are expected to lay the groundwork for future developments.
Helmut Langanger, OMV Executive Board member responsible for Exploration and Production stated: “2008 has seen a substantial increase of commitment by OMV to the United Kingdom offshore areas, and these successes west of the Shetland Islands and in the North Sea are strong evidence of our expected growth in offshore oil and gas reserves and production in coming years.”
Consortium partners in block 204/25a
Hess Ltd (Operator) 47.05%
Statoil Exploration (UK) Ltd 17.65%
OMV (U.K.) Limited 17.65%
Murphy Petroleum Ltd 17.65%
Consortium partners in block 30/2a
BG International Limited (Operator) 43.14%
Maersk Oil North Sea Limited 37.34%
OMV (U.K.) Limited 9.26%
GDF Britain Limited 9.26%
ConocoPhillips Petroleum Company Limited 1.0%
204/25a Key facts
The drilled exploration well 204/25a-8 and sidetracks 8z and 8y in Block 204/25a, were completed on April 10, 2008 as oil discoveries. The well, operated by Hess, is 150 km west of the Shetland Islands. OMV believes the discovery has the potential to be commercial due to its proximity to the producing Schiehallion Field (4 km to the north), although no decisions on this have been taken yet.
30/2a Key facts
In OMV’s second UK core area, the Central North Sea, a Jackdaw appraisal well has been successful in identifying additional hydrocarbon volumes. The consortium, operated by BG, decided to conduct a sidetrack which commenced on June 30, 2008 in order to further appraise the reservoir. The sidetrack appraisal well is planned to be completed by the end of 2008.
OMV (U.K.) Limited
OMV (U.K.) Limited is a wholly owned subsidiary of OMV Aktiengesellschaft, established in 1987 and headquartered in London. OMV (U.K.) Limited has currently 10 producing fields and 37 licenses. The average production is about 9,000 barrel of oil equivalent per day (boe/d).
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