Moldova Sud Area is a producing conventional oil field located onshore Romania and is operated by Societatea Nationala de Gaze Natural 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 05 Moldova Sud. Buy the profile here.
Field participation details
The field is owned by Societatea Nationala de Gaze Natural Romgaz.
Production from Moldova Sud Area
The Moldova Sud Area conventional oil field recovered 60.85% of its total recoverable reserves, with peak production in 2010. Based on economic assumptions, production will continue until the field reaches its economic limit in 2097. The field currently accounts for approximately 9% of the country’s daily output.
About Societatea Nationala de Gaze Natural Romgaz
Societatea Nationala de Gaze Natural 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's activities include exploration of a 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 operates in Bratislava, Medias, Ploiesti, Sircoss and Targu Mures, Romania. Romgaz is headquartered in Medias, Sibiu, Romania.
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