OMV Petrom has announced the discovery of a new natural gas field in Spineni, located 70 km northeast of Craiova, with a production potential of 1,300 boepd/d. The exploration well was drilled at 4,800 meters and confirmed the presence of natural gas and condensate. So far, the company has invested €15 million in the exploration phase, and plans to allocate 5.8 billion lei for exploration and production by 2025. The discovery is considered commercial and the next step is the approval of the development plan.
Sources
Latest News
15:14
Interim Prime Minister Ilie Bolojan announced that PNL will support the Salary Law in Parliament
15:10
Pro-democracy activists of the Tiananmen Square uprising memory, sentenced for "incitement to subversion" in Hong Kong
14:56
The oil terminals in Venezuela, outdated and affected by interruptions, limit the exports of oil.
14:52
The Judicial Clerks' Union will block the activity in courts and prosecutors' offices starting September 1, protesting against the new salary law.
14:45
Radu Miruță discusses with his colleague from Serbia about common transport projects
See more news