OMV Petrom, ROMGAZ start drilling at Neptun Deep project

OMV Petrom and ROMGAZ person commenced drilling the archetypal good successful the Neptun Deep project, which is claimed to beryllium the largest earthy state task successful the Romanian Black Sea and the archetypal deep-water offshore task successful Romania.

Located 160km offshore successful the Black Sea, the Pelican South and Domino fields of the Neptun Deep artifact are expected to importantly boost Romania's state production, with archetypal state owed by 2027.

The Neptun Deep task aims to lend astir 8 cardinal cubic metres (bcm) annually to Romania's state accumulation erstwhile plateau accumulation is achieved.

The task is progressing arsenic planned, with the drilling of the archetypal good estimated to instrumentality 2 to 3 months.

The CAN-ductor from Neodrill was utilized to instal the good foundations, minimising the biology footprint.

The drilling operations volition utilise the Transocean Barents mobile drilling unit, specifically contracted for this project.

OMV Petrom CEO Christina Verchere said: "The commencement of drilling is an important milestone for the advancement of Neptun Deep – a task of strategical value for Romania. By processing this project, Romania tin unafraid its earthy state needs from home sources and go an important subordinate successful the European market.

“In addition, the task contributes to the Romanian system – it is estimated to bring revenues of astir €20bn to the authorities fund implicit the project's lifetime. We are making each effort to instrumentality the Neptun Deep task safely and efficiently, to person the archetypal state deliveries successful 2027."

Halliburton Energy Services Romania and Newpark Drilling Fluids Eastern Europe volition supply integrated drilling services including cementing, directional drilling and good completions.

The improvement of the Pelican South and Domino fields volition necessitate 3 subsea accumulation systems, a shallow-water offshore earthy state level and a main earthy state pipeline to the enactment astatine Tuzla, among different infrastructure.

The offshore level volition make its ain electricity, adhering to precocious information and biology standards.

The wells and fields volition beryllium operated remotely utilizing a integer twin, and the earthy vigor of the reservoir volition transport the state to shore, eliminating the request for compression.

This approach, on with different task features, ensures that emissions are kept importantly beneath manufacture benchmarks.

ROMGAZ CEO Răzvan Popescu said: “The commencement of drilling operations represents an indispensable accomplishment successful Neptun Deep task development. Neptun Deep is simply a strategical concern for ROMGAZ, arsenic shown by its publication successful the stock of the group's investments.