Project Profile
Location: Black Sea, Romania
Start-up year: 2001
Reserves: 100 million bpd and 114 billion cubic feet of gas per day
Production: 5,000 bpd and 17.9 million cubic feet of gas per day
The Pescarus oil field is located on the continental shelf of the Black Sea. It was discovered in 1999 and developed by Petrom. It began production in 2001 and produces oil. The total proven reserves of the Pescarus oil field are around 100 million barrels (14×106tonnes), and production is centered around 5,000 barrels per day (790 m3/d). The field also produces around 17.9 million cubic feet/day (0.5×105m³) of gas and has reserves of 114 billion cubic feet (3.2×109m³).
Operators:
OMV Petrom: Operator with 100% interest