Pâncota oil field
The Pâncota oil field is an oil field located in Pâncota, Arad County. It was discovered in 2012 and developed by Universal Premium. It will begin production in 2014 and will produce oil. The total proven reserves of the Pâncota oil field are around 11 million barrels (1.5×106tonnes), and production will be centered on 800 barrels per day (130 m3/d).[1]
| Pâncota | |
|---|---|
| Country | Romania |
| Region | Arad County |
| Offshore/onshore | onshore |
| Operator | Universal Premium |
| Field history | |
| Discovery | 2012 |
| Start of development | 2012 |
| Start of production | 2014 |
| Production | |
| Current production of oil | 800 barrels per day (~40,000 t/a) |
| Estimated oil in place | 1.5 million tonnes (~ 1.7×106 m3 or 11 million bbl) |
References
- "Un nou zăcământ de ţiţei estimat la 1,5 milioane de tone, în zona oraşului Pâncota, din Arad". Capital.ro. 2012. Retrieved 2013-04-15.
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