Midia Gas Development is a producing conventional gas field located in shallow water in Romania and is operated by Black Sea Oil & Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block XV Midia Shallow, with water depth of 228 feet. Buy the profile here.
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Field participation details
The field is owned by Black Sea Oil & Gas, Gas Plus and Petro Ventures International.
Production from Midia Gas Development
The Midia Gas Development conventional gas field recovered 4.09% of its total recoverable reserves, with peak production in 2023. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 10% of the country’s daily output.
About Black Sea Oil & Gas
Black Sea Oil & Gas SRL (Black Sea OG) is an upstream oil and gas company that offers exploration and development of conventional oil and gas resources. The company holds interests in two blocks such as XIII Pelican and XV Midia Shallow within the underexplored Romanian continental shelf of the Black Sea. Its blocks contains the Ana, Doina, Luceafarul and Eugenia gas discoveries and portfolio of prospects and leads in the Midia block. The company has operations in Bucharest and Agigea, Romania. Black Sea OG is headquartered in Bucharest, Romania.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
