Caragele is a producing conventional gas field located onshore Romania and is operated by SNGN Romgaz. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block RG 06 Muntenia Nord-Est. Buy the profile here.
Field participation details
The field is owned by SNGN Romgaz.
Production from Caragele
The Caragele conventional gas field recovered 21.36% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.33 thousand bpd of crude oil and condensate and 55.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2097. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 43.64 Mmboe, comprised of 1.54 Mmbbl of crude oil & condensate and 252.61 bcf of natural gas reserves. Caragele conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
About SNGN Romgaz
SNGN Romgaz SA (Romgaz) is an oil and gas company that explores, produces and supplies natural gas. The company develops by implementing cutting-edge technologies in the field of geological exploration, production and underground gas storage, financed from its own or external sources. Romgaz 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. The company has operations in Bratislava, Medias, Ploiesti, Sircoss and Targu Mures, Romania. Romgaz is headquartered in Medias, Sibiu, Romania.
For more details on the Caragele 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.
