Bainet is a producing conventional gas field located onshore Romania and is operated by Raffles Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block E IV-1 Suceava. Buy the profile here.
Field participation details
The field is owned by Prospex Oil and Gas and Raphael Group.
Production from Bainet
The Bainet conventional gas field recovered 43.71% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 0.14 Mmboe, comprised of 0.87 bcf of natural gas reserves.
About Raffles Energy
Raffles Energy SRL (Raffles Energy), formerly Aurelian Oil & Gas Romania S.R.L., a subsidiary of Raffles Energy Pte Ltd, is an exploration and production company. The company is headquartered in Bucharest, Romania.
For more details on the Bainet Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
