{"id":5727,"date":"2025-07-03T08:03:02","date_gmt":"2025-07-03T08:03:02","guid":{"rendered":"https:\/\/ofero.news\/?p=5727"},"modified":"2025-07-03T08:03:02","modified_gmt":"2025-07-03T08:03:02","slug":"southwestern-romania-omv-petrom-discovers-new-natural-gas-deposit-near-craiova","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=5727","title":{"rendered":"Southwestern Romania: OMV Petrom discovers new natural gas deposit near Craiova"},"content":{"rendered":"<p>OMV Petrom, the largest integrated energy company in Southeastern Europe, <a href=\"https:\/\/www.omvpetrom.com\/en\/news\/omv-petrom-has-made-a-new-natural-gas-discovery-in-spineni-near-craiova\" target=\"_blank\">announced<\/a> Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania.<\/p>\n<p>The find was confirmed following the drilling of the 1 Spineni exploration well to a depth of approximately 4,800 meters. Production tests revealed a daily output potential of 180,000 cubic meters of natural gas and 25 cubic meters of condensate, totaling around 1,300 barrels of oil equivalent per day.<\/p>\n<p>This new prospect was identified using data gathered during the 3D seismic survey carried out in 2022 in the X Craiova exploration block. Testing results confirmed the commercial viability of the reservoir, with the next step being the approval of the development plan.<\/p>\n<p>For this onshore project, OMV Petrom stated that it has already invested approximately EUR 15 million during the exploration phase.<\/p>\n<p>\u201cIn 2025, we plan to invest RON 5.8 billion in Exploration and Production, with nearly half allocated to onshore operations &#8211; while also advancing offshore Neptun Deep, a strategic project that requires large-scale investment. We continue to invest in order to contain the natural decline in production from mature fields and to pursue new near-field opportunities in proximity to our existing operations,\u201d said Cristian Hubati, Member of the Executive Board responsible for Exploration &amp; Production.<\/p>\n<p>OMV Petrom is the largest integrated energy producer in Southeastern Europe, with an annual group hydrocarbon production of roughly 40 million boe in 2024. The group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency gas-fired power plant.\u00a0<\/p>\n<p>The OMV Petrom group is present in the oil products retail market in Romania and neighboring countries through approximately 780 filling stations under two brands &#8211; OMV and Petrom.<\/p>\n<p>As of end-2024, Romanian shareholders hold over 44% of the OMV Petrom shares, of which the Romanian state, through the Ministry of Energy, holds 20.7%, and 23.7% are owned by pension funds in Romania. They are joined by almost 500,000 individual investors and other Romanian entities.\u00a0\u00a0<\/p>\n<p>OMV Aktiengesellschaft, one of the largest listed industrial companies in Austria, holds a 51.2% stake in OMV Petrom, and the remaining 4.5% are held by other foreign investors.<\/p>\n<p>Of the total shares of OMV Petrom, 28.1% represents the free float on the Bucharest Stock Exchange.<\/p>\n<p>irina.marica@romania-insider.com<\/p>\n<p>(Photo source: Omvpetrom.com)<\/p>","protected":false},"excerpt":{"rendered":"<p>OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania. The find was confirmed following the drilling of the 1 Spineni exploration well to a depth of approximately 4,800 meters. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5727","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5727"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5727\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}