PGNiG Awaiting Results from Test Drilling for Unconventional Gas

The Polish Oil and Gas Company (PGNiG) says results of preliminary work aimed at proving unconventional gas reserves at the Markowola-1 well  near Kozienice, Lublin province in Eastern Poland, will be announced in the end of September.

PGNiG drilled the first well in Markwola in late April and contracted Halliburton to performed two large-scale fracturing operations in July in search of unconventional gas reserves.

“At the moment we only know that there are traces of gas” director of PGNiG exploration department Andrzej Maksym told the Polish News Agency (PAP). “We are currently analysing the tests and the results will be known by the end of this month. At that time we will take any decisions concerning future exploration work in this area” he added.

PGNiG also plans to being drilling for unconventional gas in the vicinity of Wejherowo later this year.

The company is planning to spend approximately PLN 100 million on shale gas exploration this year and PLN 150 million next year. PGNiG  hold 13 of the 62 exploration licenses that Poland has issued to prospect for shale gas and has applied for two more.

According to the Polish Geological Institute has stated that there are 150 billion cubic metres of unconventional gas in Poland.