OMV Petrom to develop Black Sea gas fields

June 21, 2023
OMV Petrom will develop Domino and Pelican South gas fields in Neptun Deep offshore block in the Black Sea about 160 km from shore in water depths between 100 m and 1,000 m.

OMV Petrom will develop Domino and Pelican South gas fields in Neptun Deep offshore block in the Black Sea about 160 km from shore in water depths between 100 m and 1,000 m.

Development includes 10 wells, 3 subsea production systems and associated flow lines, an offshore platform, the main natural gas pipeline to Tuzla, and a natural gas measurement station. The platform generates its own energy, and the entire infrastructure will be operated remotely through a digital twin, OMV said.

OMV Petrom and partner Romgaz will jointly invest up to EUR 4 billion for the development phase, set to bring on stream around 100 billion cu m (bcm) of natural gas. First production is estimated for 2027 and production at the plateau will be about 140,000 boe/d for almost 10 years. Estimated recoverable volumes are about 100 bcm (700 MMboe).

OMV Petrom is operator of Neptun Deep (50%) with SNGN Romgaz SA holding the remaining 50%.