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Abrămuț Oil Field
The Abrămuț oil field is an oil field located in Abrămuț, Bihor County, Romania. It was discovered in 1967 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 reserves, natural gas reserves, and coal reserves. It is defined as the " antity of energy sources estimated with reasonabl ... of the Abrămuț oil field are around 15 million barrels (2×106tonnes), and production is centered on . References Oil fields in Romania {{Romania-geo-stub ...
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Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly Temperate climate, temperate-continental climate, and an area of , with a population of around 19 million. 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. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Roma ...
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Bihor County
Bihor County () is a county ( județ) in western Romania. With a total area of , Bihor is Romania's 6th largest county geographically and the main county in the historical region of Crișana. Its capital city is Oradea. Toponymy The origin of the name Bihor is uncertain, except that it likely takes its name from an ancient fortress in the current commune of Biharia. It possibly came from ''vihor'', the Serbian and Ukrainian word for "whirlwind" (вихор), or Slavic ''biela hora'', meaning "white mountain". Another theory is that Biharea is of Daco-Thracian etymology (''bi'' meaning "two" and ''harati'' "take" or "lead"), possibly meaning two possessions of land in the Duchy of Menumorut. Another theory is that the name comes from ''bour'', the Romanian term for aurochs (from the Latin word '' bubalus''). The animal once inhabited the lands of northwestern Romania. Under this controversial theory, the name changed from ''buar'' to ''buhar'' and to ''Bihar'' and ''Bihor''. ...
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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. 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 January 2010, the company changed its name to OMV Petrom.
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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. Petroleum reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil 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 accumulation of liquid oil underground in multiple (potentially linked) reservoirs, trapped as it rises by impermeable rock formations. In industrial terms, an o ...
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Petreu
Petreu ( hu, Monospetri) is a commune in Bihor County, Crișana, Romania with a population of 3,071 people (2011). It is composed of four villages: Abrămuț (''Vedresábrány''), Crestur (''Apátkeresztúr''), Făncica (''Érfancsika''), and Petreu. The commune is located in the northern part of the county, on the banks of the river Barcău; to the west, between the Abrămuț and Făncica villages, flows the river Ier. National road , which runs from Săcueni on the Hungarian border to Șimleu Silvaniei in Sălaj County, passes through the Crestur and Petreu villages. Just to the east of Petreu is the city of Marghita; the capital of Bihor County, Oradea, is to the southwest. The Abrămuț oil field is located on the territory of the commune. The commune was called Abrămuț and its administrative seat was located in that village until 2022, when a law changed the name. Elena MarinescuComuna Abrămuț din Bihor devine comuna Petreu, după un referendum inițiat de UDMR eBihorea ...
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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 reserves, natural gas reserves, and coal reserves. It is defined as the " antity 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 am ...
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