Black Sea Oil & Gas (BSOG) and its partners have taken a final investment decision (FID) on the $400m Midia Gas Development Project (MGD Project) offshore Romania.
The investment decision on the MGD Project will pave way for the development of the Ana and Doina gas fields. It will be the first new offshore gas development project to be taken up in the Romanian Black Sea after 1989.
The offshore gas project will see construction of five offshore production wells, of which one of them will be a subsea well at Doina field while the other four will be platform wells at Ana field.
As part of the project, a subsea gas production system will be installed over the Doina well, which will be linked to a new unmanned production platform at the Ana field through an 18km pipeline.
A 126km gas pipeline will connect the Ana platform to the shore and to a new onshore gas treatment plant to be built in Corbu commune in Constanta county. The gas treatment facility will have a capacity of 1 BCM per year, which is equivalent to 10% of Romania’s gas consumption.
The processed gas will be supplied into the National Transmission System (NTS) operated by Transgaz at the gas metering station to be located within the gas treatment plant.
The Ana and Doina gas fields, which were discovered in 2007 and 1995, respectively, put together have 320 Bcf P50 contingent resources. BSOG’s partners in the MGD Project are Petro Ventures Resources and Gas Plus International.