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Total reveals play-opening oil discovery in Bulgarian offshore

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Report summary

Total (40%) and its partners Repsol (30%) and OMV (30%) have made an ultra deepwater play opening oil discovery at the offshore Khan Asparuh block in Bulgaria. Polshkov 1 is the seventh exploration well drilled in the deep and ultra deepwater Black Sea since Romania's flagship Domino gas discovery in 2011. This is the first discovery in Bulgaria s ultra deepwater sector of the Black Sea and confirms the presence of a deep thermogenic oil play in the western Black Sea.

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    Total reveals play-opening oil discovery in Bulgarian offshore

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  • Polshkov-1 well location and key facts:
  • Typical ultra-deepwater development costs/boe by reserve size

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