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ROMANIA

Eastern Europe

  

Romania is the oldest producing area in the world, registering production in 1857. It was vitally important in WW2 for sustaining the German army. The main hydrocarbon provinces in Romania are located in the eastern and southern Carpathians. 

 

Although early fields were drilled on structural highs the only remaining prospects are highly complex buried traps. Oil has also been found in the Pannonian basin on the west of the country.

Gas is the main hydrocarbon in central Romania produced from the large gently folded Transylvanian basin.

 

Onshore oil is in decline but foreign companies have acquired licences from the Romanian licensing authority, the National Agency for Mineral Resources (NAMR), and have been exploring in the Babadag basin in the western Black Sea.

 

The Romanians began offshore exploration in 1969 and two fields, West and East Lebada, with reserves totalling an estimated 76 mm Bbls, were discovered in 1980. They began producing in 1986 but are almost depleted despite attempts to maintain output.

 

In 1992 Enterprise Oil was awarded two blocks (Pelican and Midia) north and south of the Lebada complex. Sterling Resources is now operator of these Blocks. The Donia gas discovery lies in Midia, which produced gas at a rate of 0.48 mm cubic metres per day from Donia-2 but the field has not been established to be commercial.

 

Oil production from newer fields is declining rapidly. However, after extensive workover programmes, old wells are increasing output. In addition the Romanian company, Petrom, is planning horizontal drilling programmes and additional workover activity to increase recoveries in older fields.

                                                                                          

 

CAPITAL

 Bucharest

 

Population

 22.3 million

 

Onshore area

(000's sq kms)

237.5

 

Offshore area

(000's sq kms)

NEW

 

OIL PEAK YEAR

1976

A low-priced and up-to-date oil and gas production and consumption forecast report on this country can be commissioned, including all relevant charts. Contact us for price and contents list.

 

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(All photographs in this website are © 2008 Dr Michael R. Smith).