Midia Gas Development is a conventional gas development located in shallow water in Romania and is operated by Black Sea Oil & Gas. Discovered in 1995, Midia Gas Development lies in block XV Midia Shallow, with water depth of around 228 feet.
The project is currently in commissioning stage and is expected to start commercial production in 2021. Final investment decision (FID) of the project was approved in 2019. The development cost is expected to be $400 m. The Midia Gas Development conventional gas development will involve the drilling of approximately five wells and includes subsea tree and wellhead platforms.
Field participation details
The field is owned by Black Sea Oil & Gas, Petro Ventures International and Gas Plus.
Production from Midia Gas Development
Production from the Midia Gas Development conventional gas development project is expected to begin in 2021 and is forecast to peak in 2022, to approximately 110 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 75.48 Mmboe, comprised of 452.86 bcf of natural gas reserves.
Contractors involved in the Midia Gas Development conventional gas field
Some of the key contractors involved in the Midia Gas Development project as follows.
Design/FEED Engineering: Det Norske Veritas Holding and Subsea 7
Main EPC: Grup Servicii Petroliere
Other Contractors: Comtech Systems, Corinth Pipeworks, Grup Servicii Petroliere, Heatex Norway and Matre Maskin
About Black Sea Oil & Gas
Black Sea Oil & Gas Ltd is a private Alberta based oil and gas exploration and production company which is currently focused in the Worsley area of north west Alberta.
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.