Major gas discovery in Romania

12/07/2011 12:19 Natural Gas

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Petrom, the biggest oil and gas producer in Romania, has reported the successful result of the exploration well 4539 Totea. The well, drilled following a recent 3D seismic program to a depth of 3600 meters in the Oltenia region of south-western Romania, is likely to contain substantial gas resources.

It may be the most important onshore gas discovery in Romania in the last six years. During testing, a maximum stabilized flow rate of approximately 3,100 barrels oil equivalent/day gas was recorded. Petrom will launch a further appraisal drilling program to assess the size of accumulation. The experimental exploitation of the well might start at the end of the year, after it is joined to the gas pipeline infrastructure in the area.

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