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The discovery of a huge gas field off the coast of Romania
10/21/15
Agencies -. Company "that Atlantic Petroleum" has announced the completion of the drilling at the well "to Ara- 1 X", and the discovery of a gas field in the basin, "Lira" sea, located in the "Trident" block "(ie X-30") off the coast of Romania.
Handles operating "Lukoil Overseas Otah me in the company" (the full company "PJ SC Lukoil") exploration work in the cluster "any X-30" as part of the concession agreement signed with the Government of Romania in 2011. It owns the company " Pan Atlantic Petroleum "18 percent of the project, while the share of" Lukoil "72 percent, and the company has" Rumgaz "natural gas 10 percent.
It is well "to Ara- 1 X", about 170 kilometers from the shore, where the depth of the sea floor at that point about 700 meters, with a "Trident" block area of 1,006 square kilometers. The well was drilled depth of 2,700 meters (8858 feet) using marine dredger "Development is Drellr 2" from the company "Transocean". He was temporarily leaving the well pending further evaluation to explore gas in the "Lira" field
Preliminary findings indicate the presence of at least 46 meters from the productive layer thickness, and at least one trillion cubic feet of gas reserves.
Planned operations include conducted in 2016 estimated drilling a well near the "Lira" and re-processing of seismic data to make sure the size of the discoveries and make an assessment process more accurate to the possible existence of hydrocarbon reserves.
Said Dr. Robert Erlich President and CEO: "This discovery is very important to the company that 'Atlantic' and our partners. Company 'Lukoil' has done an amazing job in the drilling of the well within the financial estimates and without causing any environmental accidents or about safety. We are pleased to be a part in this important new area for the discovery of gas. "
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