OMV, Total, Repsol Complete 3D Seismic Survey Offshore Bulgaria

Austria’s OMV, France’s Total and Spain’s Repsol have completed a 3D seismic acquisition campaign in Bulgaria’s 1-21 Han-Asparuh offshore exploration block, OMV said on Tuesday.

The 210-day survey, covering 7,740 square kilometres (sq km), was the largest 3D seismic survey in the Black Sea, the company said in a press release on its web site. It is complemented by an additional 2D seismic survey of 3,000 km which was completed in October.

"The interpretation of the data will enable us and our partners to define the drilling locations for the two exploration wells that are planned during 2015 and 2016 in order to assess potential hydrocarbon resources in this part of the Black Sea," OMV executive board member Jaap Huijskes was quoted as saying in the press release.

The 1-21 Han-Asparuh Block is located deep offshore in the Bulgarian sector in the western part of the Black Sea and covers an area of 14,220 sq km with water depths up to 2,200 metres.

Total has a 40% interest in the project while OMV and Repsol own stakes of 30% each.

Source: SeeNews