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OMV Announces Major Gas Discovery in Australia

Published: April 14, 2011; 07:00 · (Vindobona)

OMV has discovered gas on the North West Shelf of Australia in the Zola-1 exploration well. This represents one of the largest gas discoveries by the company.

OMV Announces Major Gas Discovery in Australia / Picture: ©

The sidetrack appraisal well to the original Zola-1 discovery well was drilled down to a total depth of 4,713 m (true vertical depth). An extensive wireline measurement and pressure testing program confirmed the presence of gas within several high quality sands of the target Triassic Mungaroo Formation. The well and sidetrack were drilled in a water depth of 285 m and encountered 130 m…

This article includes a total of 316 words.

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