Black Sea Oil & Gas’ two blocks, XIII Pelican and XV Midia Shallow cover almost 4.200 km2 within the underexplored Romanian continental shelf of the Black Sea. Black Sea Oil & Gas operates the blocks on behalf of its partners Gas Plus International BV and Petro Ventures Resources SRL.
XV Midia shallow block covers 1900 km2 within the Histria Basin. Ten wells were drilled in the XV Midia block which contribute to an understanding of the exploration and production potential. The block has been covered by 1.740 km2 3D seismic acquired in 2014 and 2016 and extensive 2D seismic acquired in 2012, 2008 and legacy regional lines.
In addition to the Ana and Doina Discoveries, XV Midia Shallow Block contains several low risk prospects along the same trend as Ana and Doina, as well as some slightly deeper exploration potential on the same horizon as Exxon Mobil’s Domino-1 well discovery.
The Ana and Doina gas fields (320 Bcf P50 contingent resources) are of latest Miocene to Dacian age, shallow, marine sandstone (delta-tops) reservoirs some 100 km offshore Romania, in the XV Midia Shallow area.
The Doina Field was discovered in 1995 and Ana in 2007. Both are located along the same fault trend at same reservoir horizon. They have been appraised and are currently being investigated for development.
The potential Midia Gas Development Project (MGD Project) consists of the design and construction of the offshore platforms for the production of gas from the Ana and Doina Discoveries, a gas transmission pipeline (121 km offshore and 5 km onshore), the gas treatment plan located in the Vadu area and a 25 km access pipeline connecting the gas treatment plant to the Transgaz operated NTS.
EX-25 Luceafarul Block lies immediately west of the XV Midia Block in the Moesian Platform and contains the Luceafarul Discovery.
The block has been covered by a 600 km2 3D seismic acquired in 2012 and extensive 2D seismic lines.
The Pelican Block is located on the Pelican Platform and covers 2300 km2. There has just been one well drilled on the block, in 2012, the gas discovery Eugenia.
A swath of 100 km2 3D seismic has been acquired in 2014 and there is also 2D seismic coverage.