OMV eyes up to 10 wells for GSB programme

Tue, 09 Apr 2019

By Gavin Evans April 10 (BusinessDesk) - OMV says early success in its planned drilling campaign in the Great South Basin could require as many as 10 wells to be drilled. The company’s primary target is the Tawhaki structure, which lies in about 1,200 metres of water 130 kilometres south-east of Balclutha. OMV, which also operates the offshore Maui and Pohokura gas fields, expects to begin drilling towards the end of the year – potentially using the COSL Prospector. The four-year-old rig is designed for North Sea conditions and is due...

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