At a depth of 1064 meters
OMV announces gas discovery in the Norwegian Sea
The Austrian oil and gas company OMV has announced a gas discovery in the Norwegian Sea. According to an initial estimate, the total recoverable volume is around 30 to 140 million barrels of oil equivalent (boe).
By way of comparison, the recoverable volume of the Neptun Deep gas project in the Romanian Black Sea is estimated at around 700 million boe.
"We want to increase the share of gas in our production portfolio to 60 percent by 2030," said Berislav Gašo, OMV's Chief Energy Officer, according to the press release. "With an economically recoverable gas deposit, we can further diversify our overall portfolio and add value to our portfolio in Norway."
The deep-sea well in the Norwegian Sea is located 300 kilometers west of the Norwegian mainland at a water depth of 1064 meters, the press release continues. The gas discovery is therefore around 65 kilometers away from the existing infrastructure of the Polarled pipeline and the Aasta Hansteen field.
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