Project Profile
Value: Undisclosed
Location: Gârcina, Neamt County, Romania
Reserves: 150 million barrels (20×106tonnes) to 300 million barrels
Production: 10,000 barrels per day
The Cuejdiu oil field is an oil field located in Gârcina, Neamt County. It was discovered in 2010 and developed by Aurelian Oil & Gas. The total proven reserves of the Cuejdiu oil field were estimated at 150 million barrels (20×106tonnes) to 300 million barrels (40×106tonnes), and production was slated to reach around 10,000 barrels per day (1,600 m3/d).
However, in May 2012, Aurelian agreed with its JV partners not to continue with a third phase at the Cuejdiu licence. Prior to the relinquishment, Aurelian operated the licence alongside Romgaz and Europa Oil & Gas.
Operators (Former):
Aurelian Petroleum s.r.l. (45%) (Operator),
S.N.G.N. Romgaz S.A. (37.5%)
and Europa Oil & Gas s.r.l. (17.5%).