Padina North is a producing conventional gas field located onshore Romania and is operated by Hunt Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block VIII Urziceni Est. Buy the profile here.
Field participation details
The field is owned by Hunt Consolidated and OMV.
Production from Padina North
The Padina North conventional gas field recovered 82.02% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 18.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1.17 Mmboe, comprised of 7.01 bcf of natural gas reserves.
About Hunt Oil
Hunt Oil Co (Hunt Oil), a subsidiary of Hunt Consolidated Inc, is an independent upstream company. It carries out exploration, production and development of oil and natural gas. In the US, it has acreage and active programs in the Williston Basin (Bakken) of North Dakota, the Permian Basin of West Texas, Eagle Ford Play of South Texas, and Appalachian Basin (Marcellus) in Pennsylvania, and West Virginia. Hunt Oil also carries out construction and operation of liquefied natural gas (LNG) projects in Yemen and Peru. The company has operations in America, Europe, Africa and the Middle East. It is a subsidiary Hunt Consolidated Inc. Hunt Oil is headquartered in Dallas, Texas, the US.
For more details on the Padina North Conventional Gas 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.
