Muntenia Area is a producing conventional oil field located onshore Romania and is operated by OMV Petrom. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block RG 07 Muntenia Centru. Buy the profile here.
Field participation details
The field is owned by OMV.
Production from Muntenia Area
The Muntenia Area conventional oil field recovered 52.24% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 35.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2075. The field currently accounts for approximately 14% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 120.44 Mmboe, comprised of 120.44 Mmbbl of crude oil & condensate. Muntenia Area conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
About OMV Petrom
OMV Petrom SA (OMV Petrom), a subsidiary of OMV AG, is an integrated energy Southeastern Europe. It explores, develops and produces crude oil and natural gas. The company processes and refines crude oil and sells refined products. Its petroleum products include gasoline, diesel, kerosene, jet fuel, heavy fuel oil, liquefied petroleum gas, petroleum coke and others. It is a reliable power supplier to more than 800 companies in Romania and extends its services to Hungary and Bulgaria. The company serves transportation, agriculture, construction, public and civil authorities, aviation, natural gas and business sectors. The group is present in the oil products retail market through a network of filling stations across Romania, Moldova, Bulgaria and Serbia. OMV Petrom is headquartered in Bucharest, Romania.
For more details on the Muntenia Area Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
