Wintershall, OMV Agree to Jointly Appraise Abu Dhabi Gas Field
June 21 2012 - 3:50AM
Dow Jones News
German and Austrian oil and gas production
companies--Wintershall AG and OMV AG (OMV.VI)--said Thursday they
have signed an agreement with the Abu Dhabi National Oil Company,
with a view to technically appraise the sour gas and condensate
field in Shuwaihat
MAIN FACTS:
-The Abu Dhabi National Oil Company, or ADNOC, Wintershall and
OMV Thursday signed a technical evaluation agreement to appraise
the sour gas and condensate field in Shuwaihat, located some 25
kilometers to the west of Ruwais in the western region of Abu
Dhabi.
-Wintershall as operator will conduct the appraisal phase with
OMV as an equal partner by drilling up to three appraisal wells and
acquiring 3D-seismic over the field.
-In case of a successful appraisal campaign, ADNOC will
participate in the development and production phase of the
Shuwaihat field.
-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500
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