OMV gains nod for Barents Sea wildcat

The Norwegian Petroleum Directorate (NPD) has granted OMV Norge AS a drilling permit for well 7324/8-2, in the Barents Sea. 

Well 7324/8-2 will be drilled from the Leiv Eiriksson semi-submersible drilling rig.

The drilling programme for well 7324/8-2 relates to the drilling of a wildcat well in production licence 537. OMV Norge AS is the operator with an ownership interest of 25 per cent and the licensees are Idemitsu Petroleum Norge AS with 20 per cent, Petoro AS with 20 per cent, Tullow Oil Norge AS with 20 per cent and Statoil Petroleum AS with 15 per cent.

The production licence consists of blocks 7324/7 and 7324/8 and it was awarded in the 20th licensing round in 2009.

Wildcat well 7324/8-2 is the fourth exploration well in production licence 537.

The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to starting drilling activities.

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