Ocean Endeavour spuds Pelican South well in Black Sea

Offshore staff

VIENNA, Austria – OMV says the semisubmersible Ocean Endeavour has started drilling the Pelican South-1 exploration well in the Romanian sector of the Black Sea.

In December, the rig completed the Domino-2 appraisal well in the Neptun block for OMV and partner ExxonMobil, and the partners plan further exploration drilling to evaluate the block’s potential.

This year OMV has budgeted around €500 million ($569 million) for exploration and appraisal. Outside the Black Sea, it will participate in potentially high-impact wells in the Norwegian Sea and the Barents Sea and offshore the Faroe Islands.

Offshore New Zealand, the company says oil production will continue to ramp up at the Maari Growth project, with further wells due to be drilled my mid-2015.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...