Galata is a producing conventional gas field located in shallow water in Bulgaria and is operated by Petroceltic Bulgaria. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Galata and Kaliakra, with water depth of 909 feet. Buy the profile here.
Field participation details
The field is owned by Petroceltic Bulgaria.
Production from Galata
The Galata conventional gas field recovered 99.58% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 51.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 0.06 Mmboe, comprised of 0.35 bcf of natural gas reserves.
For more details on the Galata 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.
