BUSINESS

Petrom started trial exploitation in Totea

The company OMV Petrom announced it had started the trial operation of the drill in Totea, Gorj County, and the evaluation of the reserve could confirm the most important onshore gas find on Romanian soil in the past six years, Mediafax reports.

The daily output of the 4539 Totea drill amounts to approx. 430,000 cubic metres of gas and 58 tonnes condensed gas and accounts for about 3 pc of Petrom’s daily production of gas.

“We’ve started the trial operation in record time and we are currently preparing the drilling of the first evaluation probe. Totea is a project of tremendous importance to Romania and to us, given the potential of the reserve. The evaluation could confirm the most important onshore gas find on Romanian soil in the past six years,” Johann Pleininger, member on Petrom Board of Directors, in charge of the exploration and production division, stated in a release.

The probe’s drilling was completed in the first half of the year in Oltenia, at a 3,600 metre-depth, following a 3D seismic exploration programme. The results of the production tests indicated that this could be a significant reserve, whose capacity is to be determined by an evaluation. Trial production is estimated to start in December 2011 and will be running for six to 12 months.

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