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OMV Petrom and NewMed Energy abandon the drilling in the offshore Han Asparuh perimeter in the Black Sea, after failing to find significant gas resources.

Ana Maria Eftene

26 May 2026, 10:09

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International

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OMV Petrom and its partner NewMed Energy announced that they have closed and abandoned two drilled wells in the Han Asparuh perimeter in the Bulgarian sector of the Black Sea, after explorations did not identify significant reserves of natural gas.

The total cost of drilling amounted to about 170 million euros, but OMV's direct exposure was lower due to partnerships in the project.

Meanwhile, the company states that the strategic Neptun Deep project in Romania is progressing according to plan, with the first gas deliveries estimated for 2027.

Sources

Foraje eșuate pentru OMV în Marea Neagră, lângă Neptun Deep: „Nu am găsit rezerve suficient de gaz, așa că le-am astupat și abandonat”

Foraje eșuate OMV Petrom în zona bulgărească a Mării Negre, lângă Neptun Deep. Cât au costat

Eșec OMV Petrom în zona bulgărească a Mării Negre

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OMV Petrom newmed energy drilling offshore The Black Sea

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