Albanian gas-condensate field to be developed

By OGJ editors
HOUSTON, Jan. 26
-- Albania’s Ministry of Economy, Trade, and Energy formally approved development of Delvina gas-condensate field in southern Albania.

The approval allows Stream Oil & Gas Ltd., Calgary, to enhance production and sell petroleum products under state Albpetrol’s existing license for 25 years with 5-year extension increments.

Delvina, near the border with Greece and 100 miles south of Tirana, was discovered in 1987.

Two wells yield a combined 700 Mcfd of gas and 47 bbl/MMcf of 62.5° gravity condensate from fractured Cretaceous-Paleogene carbonates at 2,800-3,500 m. A pipeline connects the field to a refinery in the Tirana area.

Stream’s 2011 plan includes reworking the two existing wells and preparing to drill a horizontal well. Management is preparing to evaluate NGL potential upside, future horizontal well plans, and NGL development.

Related Articles

Qatar Shell lets contract for Pearl GTL

09/11/2014 Qatar Shell Ltd., a unit of Royal Dutch Shell PLC, has let a contract to Cape PLC to provide multi-disciplinary maintenance services for its Pearl ...

Pembina signs $650 million deal to buy Vantage line, associated assets

09/02/2014 Pembina Pipeline Corp., Calgary, has agreed to acquire the Vantage pipeline system and Mistral Midstream Inc.’s interest in the Saskatchewan ethane...

Gas production set to resume at In Amenas gas facilities

09/02/2014 Statoil ASA and partners BP PLC and Algerian state-owned Sonatrach are set to resume “ordinary operations” at the In Amenas gas production facility...

Nova nears 100% NGL feedstock conversion at Corunna ethylene plant

09/01/2014 The cracker feedstock conversion project at Nova Chemicals Corp.'s Corunna, Ont., refinery and petrochemical complex, which was designed to allow t...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected