BUCHAREST, Romania — Black Sea Oil & Gas SA (BSOG) and its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia SRL, announced that production has started from the Midia Gas Development Project (MGD Project) and first gas was delivered to the National Transmission System (NTS) June 15.
The MGD Project is expected to deliver approximately 0.5 Bcm this year, with peak production expected to be about 1 Bcm per year for the following three years out of the 10 of field life estimated for the Ana and Doina gas fields.
It is the first new offshore gas development in Romania in more than 30 years and the only project under development today.
It consists of
- Five offshore production wells (one subsea well at Doina Field and four platform wells at Ana Field);
- One unmanned production platform located on Ana Field; and
- A 126-km gas pipeline linking the Ana platform to the shore and to a new onshore gas treatment plant (“GTP”) in Corbu commune, Constanta County.
The processed gas is delivered into the NTS at the gas metering station within the GTP.
BSOG CEO Mark Beacom said, “The result of all these efforts is that MGD Project provides not only 10% of Romania’s gas demand, but the path, and possibly even the infrastructure, for other developers in the Black Sea, as well as to launch a number of green energy development initiatives, making MGD an integrated energy transition infrastructure.”