OMV announces discovery in UK North Sea
Offshore staff
(UK, North Sea)-OMV Aktiengesellschaft has announced the discovery of oil and gas reserves in the UK sector of the North Sea. Drilling and data acquisition in block 15/18b have been completed. Together with its partners Nexen, Paladin, and Oilexco, well 15/18b-11 was drilled in July 2005, targeted at the Yeoman prospect.
The well discovered 10 m of gas and 16 m of oil pay in Palaeocene Balmoral sandstone. The well flowed up to 1,500 boe/d on test from 5 m. The well data is being evaluated to establish commerciality. The Yeoman discovery is located 220 km northeast of Aberdeen.
09/19/05