Patos Marinza Heavy Oil Field

Summary Information

• Operator: Bankers Petroleum
• Country: Albania
• Location: south central Albania
• Production start:
• Partners: Bankers Petroleum, 100%
• Type: Oil
• Estimated Reserves: 7.7 billion barrels
• Production Volume: 14,120 bopd in the first quarter of 2012

+++ Description

• The Patos-Marinza field is located east of the city of Fier in south central Albania. This 44,000-acre heavy oil field is the largest onshore oil field in continental Europe with 7.7 billion barrels of original oil in place

+++ Contractors

• CROSCO: Drilling and cementing services

+++ History

• 2004 - Bankers Petroleum took over operations
• 2007 -Bankers Petroleum Completes Construction Of Thermal Steam Project

+++ Geology

+++ Links

• Bankers Petroleum Receives Approval Of Patos Marinza Petroleum Agreement
• CROSCO extends drilling contract with Bankers Petroleum in Albania
• Bankers Petroleum Completes Construction Of Thermal Steam Project In Albania