- Production potential of 1,300 boe per day proven by well test
- Around EUR 15 million invested until now during the exploration phase
OMV Petrom, the largest integrated energy producer in Southeastern Europe, has announced the discovery of a new natural gas reservoir in Spineni, located around 70 km north-east of Craiova.
The 1 Spineni exploration well, drilled to a depth of approximately 4,800 meters, has confirmed the presence of natural gas and condensate, with results supported by production testing.
Well tests proved a production potential of 180,000 m³ of natural gas and 25 m³ of condensate per day, or a total of 1,300 boe/day from the discovery well.
The prospect was identified using data from the 3D Spineni seismic survey conducted in 2022 in the X Craiova block.
'In 2025, we plan to invest 5.8 billion RON in Exploration and Production, with nearly half allocated to onshore operations - while also advancing offshore Neptun Deep, a strategic project that requires large-scale investment. We continue to invest in order to contain the natural decline in production from mature fields and to pursue new near-field opportunities in proximity to our existing operations', said Cristian Hubati, Member of the Executive Board responsible for Exploration & Production.
Testing has confirmed that the discovery is commercially viable, the next step is the approval of the development plan.
For this onshore project, OMV Petrom has already invested approximately EUR 15 million during the exploration phase.
Source: OMV Petrom
