Field participation details

The field is owned by OMV.

Production from Ticleni

The Ticleni conventional oil field recovered 44.44% of its total recoverable reserves, with peak production in 2013. Based on economic assumptions, production will continue until the field reaches its economic limit in 2105. The field currently accounts for approximately 2% of the country’s daily output.

About OMV Petrom

OMV Petrom SA (OMV Petrom), a subsidiary of OMV AG, is an integrated energy company. 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.

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