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    Romania's Caragele Field Ramps up Output by 30%


Caragele was identified in 2016, representing the largest onshore hydrocarbon discovery in Romania in three decades.

by: Joseph Murphy

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Romania's Caragele Field Ramps up Output by 30%

Romania’s onshore Caragele gas field – its onshore largest hydrocarbon discovery of the last 30 years – has seen a 30% growth in production thanks to the launch of new wells, its state-owned operator Romgaz said on January 31.

Caragele was found in 2016 and estimated at the time to hold 28bn m3 in proven gas reserves. It has been flowing gas at a rate of around 1mn m3/day.

Romgaz announced in a statement it had brought three new wells on stream targeting deeper reservoirs, lifting the field’s production by 30% and the company's overall output by 1.4% in January.

Romgaz produced around 5.3bn m3 of gas in 2018 – more than half of national output that year, which totalled 9.5bn m3, according to BP data. Austro-Romanian producer OMV Petrom accounts for much of the country’s remaining production.

Romgaz CEO Adrian Volintiru said the output growth at Caragele justified the “significant efforts” made by the company to explore its deeper depths in “high risk” conditions.