Kavarna gas field expected onstream next year

The Bulgarian government has issued a Certificate of Commerciality for the Kavarna gas field in the Black Sea, according to Melrose Resources.

Offshore staff

LONDON -- The Bulgarian government has issued a Certificate of Commerciality for the Kavarna gas field in the Black Sea, according to Melrose Resources. The company has applied for a similar certificate for the Kaliakra field, also in the Black Sea.

The Kavarna field, which contains estimated reserves of 24 bcf, will be produced using a single subsea well completion tied back to the Galata facilities. The field is expected to be onstream by July 1, 2010.

The Kaliakra field, which contains 57 bcf of reserves, will initially be developed using a single subsea well with a dedicated 10-in. (25-cm) flow line to allow for future expansion. First gas is expected by 1 Oct. 1, 2010.

“The receipt of the Certificate of Commerciality for the Kavarna field from the new Bulgarian government administration is an important milestone,” says David Thomas, chief executive of Melrose Resources. “We now look forward to accelerating the development of our various projects in Bulgaria and Romania which will contribute significantly to the regional domestic gas supply.”

11/05/2009

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