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December 3, 2021

Caragele Conventional Gas Field, Romania

By Carmen

Caragele is a producing conventional gas field located onshore Romania and is operated by SNGN Romgaz. The field is located in block RG 06 Muntenia Nord-Est.

Field participation details

The field is owned by SNGN Romgaz.


Production from Caragele

The Caragele conventional gas field recovered 9.19% of its total recoverable reserves, with peak production expected in 2021. The peak production was approximately 0.33 thousand bpd of crude oil and condensate and 55 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2097. The field currently accounts for approximately 3% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 50.39 Mmboe, comprised of 1.78 Mmbbl of crude oil & condensate and 291.7 bcf of natural gas reserves. Caragele conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


About SNGN Romgaz

SNGN Romgaz SA (Romgaz) is an oil and gas company, which explores, produces and supplies natural gas. The company’s activities include exploration of petroleum onshore and offshore, natural gas production, electric power production; marketing, distribution and sale of natural gas, trading, technological transport, storage and cooperation. Romgaz through its well services branch offers well recompletions jobs, special well operations, workover operations and production tests in natural gas wells. The company has operations in Bratislava, Medias, Ploiesti, Sircoss and Targu Mures, Romania. Romgaz is headquartered in Medias, Sibiu, Romania.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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