Muntenia 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 07 Muntenia Centru. Buy the profile here.
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Field participation details
The field is owned by Societatea Nationala de Gaze Natural Romgaz.
Production from Muntenia Area
The Muntenia Area conventional oil field recovered 95.62% of its total recoverable reserves, with peak production in 2014. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027. The field currently accounts for approximately 8% 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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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.
