Midia Gas Development is a producing conventional gas field located in shallow water in Romania and is operated by Petro Ventures International. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block XV Midia Shallow, with water depth of 228 feet. Buy the profile here.
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Field participation details
The field is owned by Black Sea Oil & Gas, Gas Plus and Petro Ventures International.
Production from Midia Gas Development
The Midia Gas Development conventional gas field recovered 14.44% of its total recoverable reserves, with peak production expected in 2025. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 9% of the country’s daily output.
About Petro Ventures International
Petro Ventures International Limited is a company engaged in providing services to oil and gas industry.
For more details on the Midia Gas Development Conventional Gas Field, buy the profile here.
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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.
