Central European Petroleum z o.o. (CEP) discovered oil in the Wolin East 1 (WE1) well about 6 km offshore from the city of Świnoujście in the Baltic Sea, the company said in a release July 21.
WE 1 was drilled in the Wolin concession, an onshore-offshore license block in Northwestern Poland along the Polish-German border and Baltic coast.
WE1 was drilled using a jack-up rig in 9.5 m of water and reached 2,715 m TVD. Tests confirmed a 62-m hydrocarbon column with excellent reservoir properties for oil and gas production in the Main Dolomite geological formation. Oil viscosity is 33.4° API.
The Wolin East oil discovery is estimated to contain mean recoverable oil, sales gas, and natural gas liquids totaling 200 MMboe, the comapny said. There is also significant further low-risk exploration, appraisal, and secondary recovery potential within the license in the Main Dolomite as well as in the deeper Rotliegend formation. Including these additional potentials, CEP said the Wolin license in total is estimated to contain more than 400 MMboe of recoverable hydrocarbon resources and is the largest conventional hydrocarbon field yet discovered in Poland.
CEP owns and operates 100% of the Wolin license.
