OMV, Total, Repsol to Start 3D Seismic Survey Offshore Bulgaria

Austria’s OMV, France’s Total and Spain’s Repsol will start a 3D seismic acquisition campaign in Bulgaria’s 1-21 Han-Asparuh offshore exploration block on June 25.

The three joint venture partners in the 1-21 Han-Asparuh exploration block completed the procurement phase for the offshore exploration seismic activities, OMV said in a press release.

“We are looking forward to starting a seismic campaign that will enable us and our partners to define the drilling locations for the two exploration wells that are planned during the exploration period in order to assess potential hydrocarbon resources in this part of the Black Sea,” Jaap Huijskes, member of the OMV executive board responsible for exploration and production, said.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 square kilometres with water depths up to 2,200 metres. The plan of the joint venture is to acquire a total of 7,740 square kilometers of 3D seismic. 

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