OMV confirms COSL Prospector for GSB drilling

Fri, 05 Jul 2019

By Gavin Evans July 5 (BusinessDesk) - OMV has confirmed its selection of the COSL Prospector to drill in the Great South Basin this summer. The firm has contracted the four-year-old harsh environment rig for only one well off the South Island – the Tawhaki-1 well, about 146 kilometres off the coast south-east of Balclutha. The rig is currently being used for a development drilling programme in the Tui oil field off the Taranaki coast. That is expected to be concluded by late October. It will then be used by OMV and its partners for...

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