Serinus Energy spuds first of two wells in Romania

Aug. 4, 2022
Serinus Energy PLC spudded the Canar-1 exploration well on the northern flank of Carei basin, about 4 km west of the Company's Moftinu gas plant in Romania.

Serinus Energy PLC spudded the Canar-1 exploration well on the northern flank of Carei basin, about 4 km west of the company's Moftinu gas plant in Romania.

The well will be drilled to a depth of 1,600 m, targeting three prospective hydrocarbon zones. The company is looking for additional hydrocarbons on the migration path from the Carei basin source kitchen. If successful, production from the well will be connected to the gas plant, utilizing existing capacity.

Upon completion of Canar-1, Serinus expects to drill Moftinu Nord-1. Moftinu Nord is a distinct gas prospect 5.2 km northwest of the Moftinu gas plant (OGJ Online, June 8, 2022).