Petrom starts production at two new offshoreA‚A wells

Newsroom 21/09/2009 | 15:34

“The production start-up at the Delta field in the second half of this year is a great achievement, given the technical difficulties we experienced while drilling Delta 6. As the concept of extended reach drilling has proved to be successful, Delta 6 might become our most valuable well in Romania,” said Johann Pleininger, Petrom executive board member responsible for exploration and production.Petrom currently operates two offshore perimeters (Istria XVIII and Neptun XIX), which cover an area of 13,880 square kilometers. The present-day output amounts to about 18 percent of the firm's production in Romania.Petrom exploits oil and gas reserves estimated at 0.9 billion barrels of oil equivalent, has a maximum annual capacity of eight million tonnes and about 550 fuel distribution stations in Romania. Austrian oil and gas company OMV owns 51.01 percent of Petrom shares.
Dana Ciuraru

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