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Petrom, ExxonMobil start drilling third deepwater well in Romania
October 27, 2014 / 6:50 AM / 3 years ago

Petrom, ExxonMobil start drilling third deepwater well in Romania

BUCHAREST, Oct 27 (Reuters) - Romania’s top oil and gas group Petrom and U.S. major ExxonMobil have begun drilling a third deepwater well in the Black Sea in the European Union state, Petrom said on Monday.

The Pelican South-1 well is located 155 kilometres offshore in the Romanian sector of the Black Sea, in the Neptun Block which Petrom and Exxon jointly hold.

“The Pelican South-1 well will test a new geological structure on the Neptun Block,” Petrom said in a statement.

Petrom and ExxonMobil jointly own the Domino-1 well, the first deep water exploration well in Romanian waters. In 2012, the firms said they discovered 1.5-3 trillion cubic feet (42-84 billion cubic metres (bcm)) of gas reserves at Domino-1.

For more details, please see . (Reporting by Luiza Ilie)

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