Romanian Exploration Well Spud

Source: www.gulfoilandgas.com 10/18/2010, Location: Europe

The Directors of Europa Oil & Gas (Holdings) plc are pleased to announce the spud of the Barchiz-1 exploration well in Romania. The Barchiz-1 well, situated in the EPI-3 Brates Concession (Europa 20%), is scheduled to take approximately 30 days to drill to an estimated final total depth of 1,400 metres.

The Barchiz Prospect is 10km from, and on trend with, the Geamana Oilfield (50mmbo reserves). The pre-drill oil-in-place estimate for Barchiz is up to 94mmbo and there are five additional leads on-block in the same structural play which will be significantly upgraded by success at Barchiz. Additionally, leads in the same play have been identified on new seismic data in the Cuejdiu block, immediately to the north of Brates.

It is likely that additional seismic will be acquired in the Brates block in 2011 over the Tazlaul Mare Deep feature, a large thrust structure beneath the Tazlaul Mare Gas Condensate Field, to mature this prospect for drilling. Pre-drill oil-in-place estimates here range up to 225mmbo.

Paul Barrett, Managing Director of Europa, said "Barchiz is Europa's first well in the prolific Carpathian thrustbelt oil play and along with the additional leads and prospects identified in the Brates and Cuejdiu blocks, provides a strong conveyor belt of exciting exploration potential going forward."


Morocco >>  8/9/2022 - Sound Energy, the transition energy company, is pleased to provide an update on the Phase 2 development financing of its Tendrara Production Concessio...
United Kingdom >>  8/8/2022 - The Operator of PEDL241, Egdon Resources U.K. Limited, has filed an appeal on behalf of the Joint Venture partnership against Lincolnshire County Coun...

Sudan >>  8/1/2022 - Firstly, I would like to start with an apology for the late delivery of the latest quarterly CATFLAP. We have been busy working on a number of opportu...
Colombia >>  7/29/2022 - Petrobras confirms the discovery of natural gas accumulation in the Uchuva-1 exploratory well, drilled in deep waters of Colombia, 32 kilometers off t...

Ireland >>  7/29/2022 - Europa Oil & Gas, the AIM traded UK, Ireland and Morocco focused oil and gas exploration, development, and production company, has announced that the ...
United Arab Emirates >>  7/29/2022 - Abu Dhabi National Oil Company (ADNOC) announced today a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offsho...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.