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  • Lukoil, Panatlantic and Romgaz discovers large deep-water offshore gas field in Romania
    édité le 15/10/2015 - Plus de news de "LUKOIL" - Voir la fiche entreprise de "LUKOIL"


Lukoil, Panatlantic and Romgaz discovers large deep-water offshore gas field in Romania
PJSC LUKOIL press office announces the completion of drilling of the exploratory well Lira-1X and the discovery of a gas field in the Lira offshore structure, which is located at the Trident block (EX-30) in the deep-sea Romanian offshore.

Exploration on the EX-30 block is conducted by LUKOIL Overseas Atash BV (100-% subsidiary of PJSC LUKOIL) within the framework of the Concession Agreement with the Government of Romania of 2011. Currently LUKOIL's share in the project is 72%, while PanAtlantic Petroleum Ltd owns 18% and Societatea Nationale de Gaze Naturale Romgaz SA owns 10%.

The water depth within the block ranges from 300 to 1,200 meters. The block has an area of 1,006 km2. The Lira-1X well is located at a distance of about 170 km (90 miles) from the coast, where the depth of the sea is about 700 meters. The well was drilled to a depth of 2,700 meters (8,858 feet) from the semi-submersible drilling rig TransOcean Development Driller II. The well was temporarily abandoned for further evaluation of the Lira gas discovery.

According to preliminary results of the analysis of drilling data and geophysical exploration, the Lira-1X delivered a productive interval with an effective gas-saturated thickness of 46 meters.

According to seismic data, the area of the gas field can reach up to 39 km2, reserves can exceed 30 bln cubic meters of gas, which is to be confirmed during evaluation drilling. The success of the Lira-1X well will reduce the risk for further exploration on a series of prospective sites with significant potential reserves, located both close to the Lira structure and in other parts of the block. The program of future works planned for 2016 includes drilling an exploration well at the Lira and the reprocessing of seismic data to confirm the size of the discovery and precise assessment of its potential hydrocarbon reserves.

About Lukoil

LUKOIL is a major international vertically-integrated oil & gas company, accounting for 2.2% of global output of crude oil.
The strong position, which the Company enjoys today, is the fruit of 20 years work to expand the reserve base, increasing business scale by seeking out and executing strategic transactions.

About Romgaz

S.N.G.N. ROMGAZ S.A. is the largest natural gas producer and main gas supplier in Romania. The Company is admitted to trading on Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE).
The main shareholder is the Romanian state holding 70% interest share. The Company has extensive experience in natural gas exploration and production, with a history that started more than 100 years ago in 1909. ROMGAZ performs geological research for discovery of new gas fields, produces methane gas from the fields under its portfolio, stores gas in UGS, performs workovers, recompletions and special operations in wells under company’s portfolio and provides specialized technological transportation.
ROMGAZ has extended its business area starting from 2013 by taking over Iernut power plant and has become electricity producer and supplier.

About Panatlantic

We are a respected, dynamic independent oil and gas company with extensive experience and expertise in safe, efficient offshore and onshore exploration along West Africa, South America, and in the Black Sea.


Origine : Communiqué LUKOIL

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