Neptun Deep Gas Fields

Summary Information

• Operator: OMV Petrom
• Country: Romania
• Location: Offshore Black Sea
• Production start: 2027 (Scheduled)
• Partners: OMV Petrom 50%, Romgaz 50%
• Type: Gas
• Estimated Reserves:
• Production Volume: Plateau 8 BCM per annum (expected)

Description

• The Neptun Deep block in the Black Sea has an area of ​​7,500 square km and is located at about 160 km away from the shore, in water depths ranging between 100 and 1,000 meters.
• The project involves the development of two natural gas fields, Domino and Pelican
• The infrastructure required for the development of the Domino and Pelican South offshore natural gas fields includes 10 wells, 3 subsea production systems and associated flow lines, an unmanned offshore platform, the main natural gas pipeline to Tuzla and a natural gas measurement station.
• The gas processing facilities are located onshore.

Contractors

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History

• 2012 - The Domino field was discovered
• 2015 - The Pelican field was discovered
• 2022 - Romgaz acquired Exxon's stake in the project
• 2023 - Final investment decision

Links

1. ExxonMobil / OMV Petrom: Deep water gas discovery offshore Romania
2. Romgaz successfully completed the transaction with ExxonMobil
3. OMV Petrom and Romgaz announce the decision to develop Neptun Deep, the largest natural gas project in the Romanian Black Sea