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Văleni Oil Field
The Văleni oil field is an oil field located in Păușești, Vâlcea County, Romania. It was discovered in 2007 and developed by Petrom. It began production in 2008 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 Văleni oil field are around 10 million barrels (1.4×106tonnes), and production is centered on . References Oil fields in Romania {{Romania-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vâlcea County
Vâlcea County (also spelt ''Vîlcea''; ) is a county ( județ) of Romania. Located in the historical regions of Oltenia and Muntenia (which are separated by the Olt River), it is also part of the wider Wallachia region. Its capital city is Râmnicu Vâlcea. Demographics In 2011, it had a population of 355,320 and the population density was 61.63/km2. * Romanians - over 98% * Roma, others - 2% Geography This county has a total area of . The North side of the county is occupied by the mountains from the Southern Carpathians group - The Făgăraș Mountains in the east with heights over , and the Lotru Mountains in the west with heights over . They are separated by the Olt River valley - the most accessible passage between Transylvania and Muntenia. Along the Olt River Valley there are smaller groups of mountains, the most spectacular being the . Towards the South, the heights decrease, passing through the sub-carpathian hills to a high plain in the West side of the Roma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Păușești
Păușești is a commune located in Vâlcea County, Oltenia, Romania. It is composed of three villages: Buzdugan, Păușești, and Păușești-Otăsău. The commune is located in the center of the county, away from the spa town of Băile Govora, from the town of Horezu, and away from the county capital, Râmnicu Vâlcea Râmnicu Vâlcea (also spelled ''Rîmnicu Vîlcea'' or, in the past, ''Rîmnic-Vâlcea'', ) (population: 92,573 as per the 2011 Romanian census) is the county capital ( ro, Reședință de județ) and also the largest town of Vâlcea County, centr .... It is traversed north to south by the river Otăsău. Păușești borders Pietrari and Stoenești communes to the north, Frâncești commune to the south, Băile Govora to the east, and Tomșani commune to the west. The Brădești and Văleni oil fields are located on the territory of the commune. Natives * Daniel Chițoiu (born 1967), economist who served as Finance Minister in 2012–2014. Reference ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
