Poduri gas field

Poduri
CountryRomania
RegionBacău County
BlockEV-1 Moinești
Offshore/onshoreonshore
OperatorStratum Energy
Field history
Discovery2012
Start of development2012
Start of production2014
Production
Current production of gas1.4×10^6 m3/d
49×10^6 cu ft/d 0.5×10^9 m3/a (18×10^9 cu ft/a)
Estimated gas in place6.7×10^9 m3
235×10^9 cu ft

The Poduri gas field is a natural gas field located in the commune of Poduri in Bacău County, Romania in block EV-1 Moinești.[1] Discovered in 2012, it was developed by Stratum Energy (a privately held natural gas exploration and production company based in Houston, Texas), determining it to have initial total proven reserves of around 235 billion ft3 (6.7 km3) across seven sub-fields.[2][3] It began production of natural gas and condensates in 2014, with a production rate of around 49 million ft3/day (1.4×105 m3).[citation needed]

By October, the Poduri 1 and Poduri 2 wells were producing 100 m3/d (3,500 cu ft/d) of condensate and light crude oil and 450,000 m3/d (16,000,000 cu ft/d) of natural gas, the latter extracted into Romania's national distribution system via a 4×106 m3/d (1.4×108 cu ft/d) capacity pipeline. Additional production was being forecasted with the drilling of the Poduri 3 well along with plans to drill nine additional wells. Nevertheless, the mayor of Poduri, Gheorghe Iscu, was dissatisfied with the number of jobs and amount of new infrastructure created as a result of the gas field.[4] With an investment of US$150 million in the Poduri gas field in 2015, Stratum Energy was poised to become the third-largest natural gas producer in Romania, trailing only Romgaz and Petrom in production volume.[5][6][7]

As of 2023, the Poduri conventional gas field has recovered 42.02% of its total recoverable reserves, with peak production in 2015. The field currently accounts for approximately 2% of Romania’s daily output. Based on economic projections, production will continue until 2104.[1]

See also

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References

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  1. ^ a b "Oil & gas field profile: Poduri Conventional Gas Field, Romania". www.offshore-technology.com. Offshore Technology. November 17, 2023. Retrieved January 27, 2024.
  2. ^ "Stratum". www.stratumenergy.com. Stratum Energy. Retrieved January 27, 2024.
  3. ^ Banila, Nicoleta (August 7, 2017). "Stratum Energy Romania plans seismic data deal with Asian Oilfield Services". seenews.com. Retrieved January 27, 2024.
  4. ^ "Stratum Energy produce țiței și gaze la Poduri. Primarul din localitate e dezamăgit" [Stratum Energy produces crude oil and gas at Poduri. The local mayor is disappointed]. Ziarul de Bacău (in Romanian). October 3, 2014. Retrieved January 27, 2024.
  5. ^ "Petrol de miliarde descoperit la Moinești". www.desteptarea.ro (in Romanian). October 8, 2012. Retrieved January 27, 2024.
  6. ^ "Americanii pun conducte de gaze la zăcământul Moinești" (in Romanian). www.energyreport.ro. July 2, 2014. Retrieved January 27, 2024.
  7. ^ Mailat, Ciprian (September 27, 2014). "O firmă americană va deveni al treilea producător de gaze din România". Capital (in Romanian). Retrieved January 27, 2024.