The well is located at the Haltenbanken area in the Norwegian Sea, approx. 280 km north of Kristiansund and 300 km west of Brønnøysund with a water depth of 342 meters. The duration of the drilling program may be up to approximately 140 days and, in the event of a discovery, OMV expects to find oil in Hades and gas / condensate in Iris reservoir. It is not planned to perform testing at this stage.
The well is a so-called HPHT well, which means drilling through formations with high pressure and high temperature where oil-based drilling mud will be used in the reservoir sections. Hades and Iris are two different reservoirs, and drilling is planned through Hades and on to the Iris reservoir where the highest temperature and pressure are expected.
If hydrocarbons are found in the Iris prospect, OMV will consider doing a sidetrack well to identify any commercial resources. A decision on drilling of a sidetrack will be based on data collection from the main well. A sidetrack drilling is estimated to take up to 67 days. Upon completion of the drilling campaign for OMV, Deepsea Bergen will mobilize directly to an exploration well for Statoil in a project called "Lille Prinsen".
Deepsea Bergen spudded the exploration well 6506 / 11-10 in the Hades / Iris license for OMV Norge on 28.11.2017
Odfjell Drilling has entered into a drilling and well alliance formed by Aker BP. The agreement has a total duration of 5 years plus 5 optional years.
Odfjell Drilling has been awarded a platform drilling contract with EnQuest for drilling and maintenance on the Magnus platform on the UK continental shelf. The contract includes three firm wells plus two optional wells, and is expected to commence November 1st 2017.
The shareholders of Robotic Drilling Systems AS (“RDS”) have today entered into an agreement to sell all shares in RDS to Nabors Industries (“Nabors”). Odfjell Drilling holds, through its fully owned subsidiary Odfjell Drilling Technology Ltd, approximately 37% of the shares in RDS.