OMV Petrom announced it did not encounter significant gas volumes upon the completion of drilling operations at the Krum-1 exploration well \u2013 the second exploration well drilled in the Han Asparuh Block, offshore Bulgaria. OMV Petrom entered the Han Asparuh perimeter in 2020, replacing parent company OMV after several unsuccessful exploration wells had already been drilled.<\/p>\n
OMV Petrom assured that explorations will continue in Han Asparuh and in the neighbouring Han Tervel, also in Bulgaria\u2019s offshore. The two perimeters are adjacent to the Neptun Deep perimeter in Romania’s offshore, where OMV Petrom prepares to launch production in 2027 while expanding exploration drilling.<\/p>\n
\u201cWe recently signed a farm-in agreement for the exploration of the Han Tervel block together with Shell and TPAO, and we look forward to a successful collaboration,\u201d the company\u2019s officials said.<\/p>\n
The well is the second in the current exploration campaign in the Han Asparuh Block, after Vinekh, and the fifth exploration overall, in the perimeter.<\/p>\n
The company’s board member responsible for Exploration and Production said OMV Petrom \u201cremains committed to its exploration strategy\u201d and it \u201ccontinues to pursue opportunities in the Bulgarian offshore, recognising the significant potential of the Black Sea basin.\u201d<\/p>\n
In addition to Han Asparuh, currently operated by OMV Petrom with Israel\u2019s NewMed Energy, and more recently with the Bulgarian Energy Holding joining (10%), the Romanian company controlled by Austria\u2019s OMV joined the Khan Tervel block as a minority partner, beside Shell and TPAO.<\/p>\n
The two recent wells in Han Asparuh \u201cwill contribute to advancing the geological understanding of the region,\u201d the company said.<\/p>\n
In an earlier phase, when the perimeter was operated by Total, OMV, and Repsol, three wells were drilled in the western part of the block, but no commercially viable quantities of gas were discovered.<\/p>\n
In a separate deal, OMV Petrom acquired a 25% stake in exploration activities in the neighbouring Khan Tervel block, where it partners with Shell and Turkiye\u2019s TPAO.<\/p>\n
iulian@romania-insider.com<\/em><\/p>\n (Photo source: Brandportal.omvpetrom.com)<\/em><\/p>","protected":false},"excerpt":{"rendered":" OMV Petrom announced it did not encounter significant gas volumes upon the completion of drilling operations at the Krum-1 exploration well \u2013 the second exploration well drilled in the Han Asparuh Block, offshore Bulgaria. OMV Petrom entered the Han Asparuh perimeter in 2020, replacing parent company OMV after several unsuccessful exploration wells had already been […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9597","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/9597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9597"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/9597\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}