Operator Universal Premium Discovery 2012 Start of production 2014 | Offshore/onshore onshore Start of development 2012 | |
Current production of oil 800 barrels per day (~40,000 t/a) Estimated oil in place 1.5 million tonnes(~ 1.7×10^ m or 11 MMbbl) | ||
The Pâncota oil field is an oil field located in Pâncota, Arad County. It was discovered in 2012 and developed by Universal Premium. It will begin production in 2014 and will produce oil. The total proven reserves of the Pâncota oil field are around 11 million barrels (1.5×106tonnes), and production will be centered on 800 barrels per day (130 m3/d).
Map of Pancota, Romania
References
Pâncota oil field Wikipedia(Text) CC BY-SA