The largest oil company in Central Europe - Vienna-based OMV AG said it has discovered gas field in Romania's Black Sea shelf, which may be the biggest in the company's history. It is being developed jointly with Exxon Mobil, reported Bloomberg.
Preliminary calculations indicate that the quantities of raw material might reach 84 billion cubic meters, said in a message to OMV.
One well developed by Exxon, is located 170 km from the coast at a depth of 1000 meters. The study has started in late godinaq depth is expected to be about 3000 meters. From this well OMV Petrom and Exxon hold 50 percent share.
"This may be the biggest discovery in the history of OMV", said CEO Gerhard Royce.
Still too early to say whether the deposit will be possible to be developed commercially, although The investigation will absorb millions of dollars. This year will be done 3D seismic survey.
This is the first successful deep-sea drilling in the Black Sea. Its possible use there is no cheap, Royce said.
Its shares rose nearly 6 percent after the news. They are traded on the Vienna Stock Exchange.
OMV has suffered because of unrest in Libya, which forced the company to suspend operations for 12 oil fields in the country, which had contracts to 2032
By the Austrian company predicted that the average price of oil variety "Brent" will remain above $ 100 a barrel this year and that the difference in price with variety "Ural" will remain small. This is the variety that "Lukoil" processes in Bulgaria and based on the value priced forms of fuel.