Fauresti is a producing conventional oil field located onshore Romania and is operated by Pangea Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
Field participation details
The field is owned by Lotus Petrol and Pangea Energy.
Production from Fauresti
The Fauresti conventional oil field recovered 70.95% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 0.03 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2070.
Remaining recoverable reserves
The field is expected to recover 0.40 Mmboe, comprised of 0.01 Mmbbl of crude oil & condensate and 2.36 bcf of natural gas reserves.
For more details on the Fauresti Conventional Oil 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.
