Algyo is a producing conventional oil field located onshore Hungary and is operated by EMSZ Elso Magyar Szenhidrogen Koncesszios. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Szegedi Medence and Szeged IV. Buy the profile here.
Field participation details
The field is owned by MOL Hungarian Oil and Gas.
Production from Algyo
The Algyo conventional oil field recovered 99.04% of its total recoverable reserves, with peak production in 1988. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 9% of the country’s daily output.
For more details on the Algyo Conventional Oil Field, buy the profile here.
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