Molodycz is a producing conventional gas field located onshore Poland and is operated by Polskie Gornictwo Naftowe i Gazownictwo. The field is located in block Moldycz.
Field participation details
The field is owned by Polskie Gornictwo Naftowe i Gazownictwo.
Production from Molodycz
The Molodycz conventional gas field recovered 90.86% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 1 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032.
Remaining recoverable reserves
The field is expected to recover 0.01 Mmboe, comprised of 0.04 bcf of natural gas reserves.
About Polskie Gornictwo Naftowe i Gazownictwo
Polskie Gornictwo Naftowe i Gazownictwo SA (PGNiG) is a vertically integrated gas company. It carries out domestic natural gas and crude oil production, development of natural gas and crude oil fields, provision of geological, geophysical and exploration services in Poland and abroad, import of natural gas to Poland, storage of natural gas in underground storage facilities, and distribution of gaseous fuels. PGNiG also produces heat and electricity, distributes heat, and executes large natural gas-fired projects. The company carries out operations in Poland, Pakistan, Norway, Russia, Belgium, Belarus, and Ukraine through its subsidiaries and branches. PGNiG is headquartered in Warsaw, Poland.
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.