Șivița Oil Field
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Șivița Oil Field
The Șivița oil field is an oil field located in Tulucești, Galați County. It was discovered in 1958 and developed by Petrom. It began production in 1968 and produces oil. The total proven reserves Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certaint ... of the Șivița oil field are around 20 million barrels (2.7 million tonnes), and production is centered on . References Oil fields in Romania {{Romania-geo-stub ...
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Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a mainly continental climate, and an area of with a population of 19 million people. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Europe's second-longest river, the Danube, empties into the Danube Delta in the southeast of the country. The Carpathian Mountains cross Romania from the north to the southwest and include Moldoveanu Peak, at an altitude of . Bucharest is the country's Bucharest metropolitan area, largest urban area and Economy of Romania, financial centre. Other major urban centers, urban areas include Cluj-Napoca, TimiÈ™ ...
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Galați County
GalaÈ›i () is a county (judeÈ›) of Romania, in Moldavia region, with the capital city at GalaÈ›i, between latitude, 45°25'N and latitude, 46°10'N latitude, longitude, 27°20'E and longitude, 28°10'E longitude. It borders the counties of Vaslui County, Vaslui, Vrancea County, Vrancea, Brăila County, Brăila, Tulcea County, Tulcea. To the east it borders the Republic of Moldova, the border crossing points being GalaÈ›i–GiurgiuleÈ™ti (road and broad-gauge railway) and Oancea–Cahul (road). The county was established in 1968, through the territorial reorganization of the former , which included a territory similar to that of the current Brăila and GalaÈ›i counties, plus the northern part of Tulcea County. GalaÈ›i County is part of the ''Sud-Est (development region), South-East Development Region'' (together with the counties of Vrancea, Buzău, Brăila, ConstanÈ›a and Tulcea), of the ''Lower Danube (Euroregion), Lower Danube Euroregion'' (together with the counties of ...
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Petrom
OMV Petrom S.A. is a Romanian integrated oil company, controlled by Austria's OMV. It is one of the largest corporations in Romania and the largest oil and gas producer in Southeast Europe. Since 2004 it is a subsidiary of OMV. With 2022 revenue of EUR 12.5 billion, as of 2023, OMV Petrom is the largest company in Romania. History In late 2004, Petrom was privatized by the Romanian state and sold to Austrian oil company OMV, which acquired of the previous SNP Petrom SA. , it was the largest privatization deal in Romania's history. Until 2005, Petrom owned six offshore drilling platforms, of which five, GSP Atlas, GSP Jupiter, GSP Orizont, GSP Prometeu and GSP Saturn were sold to Grup Servicii Petroliere for US$100 million. In January 2006, Petrom purchased OMV's operations in Romania, Bulgaria and Serbia and Montenegro. As a result of the transaction, the gas station networks of OMV were transferred to Petrom, but continued to operate under the OMV brand. From 1 J ...
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Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulated liquid petroleum underground in multiple (potentially linked) reservoirs, trapped as it rises to impermeable rock formations. In industrial ...
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Tulucești
Tulucești is a commune in Galați County, Western Moldavia, Romania with a population of 7,444 people. It is composed of three villages: Șivița, Tătarca and Tulucești. The commune is located the southeastern part of the county, at a distance of from Galați Galați ( , , ; also known by other #Etymology and names, alternative names) is the capital city of Galați County in the historical region of Western Moldavia, in eastern Romania. Galați is a port town on the river Danube. and the sixth-larges .... Part of the Lunca Joasă a Prutului Inferior Natural Park is situated on the territory of Tulucești. The Șivița oil field is also situated within the commune. References {{DEFAULTSORT:Tulucesti Communes in Galați County Localities in Western Moldavia Populated places on the Prut ...
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Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the amount of prov ...
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