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December 3, 2021

Moldova Sud Area Conventional Oil Field, Romania

By Carmen

Moldova Sud Area is a producing conventional oil field located onshore Romania and is operated by SNGN Romgaz. The field is located in block RG 05 Moldova Sud.

Field participation details

The field is owned by SNGN Romgaz.


Production from Moldova Sud Area

The Moldova Sud Area conventional oil field recovered 46.97% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 22 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2090. The field currently accounts for approximately 8% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 92.5 Mmboe, comprised of 92.5 Mmbbl of crude oil & condensate. Moldova Sud Area conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil 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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