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December 6, 2021updated 27 Apr 2022 11:52am

Totea Deep Conventional Gas Field, Romania

By Carmen

Totea Deep is a producing conventional gas field located onshore Romania and is operated by OMV Petrom. The field is located in block RG 08 Oltenia.

Field participation details

The field is owned by OMV.


Production from Totea Deep

The Totea Deep conventional gas field recovered 59.31% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 127 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 8% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 37.18 Mmboe, comprised of 223.07 bcf of natural gas reserves. Totea Deep conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


About OMV Petrom

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

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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