Caragele Gas Field
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Caragele Gas Field
The Caragele gas field is a natural gas field located in Luciu, Buzău County. The field discovery was announced on June 30, 2016, by Romgaz the Romanian national gas company. Caragele is part of the company's ''RG06'' concession located in the North-Eastern Muntenia region. The Caragele gas field is a structure with a length of located at a depth of in Jurassic calcareous reservoirs. It is one of the largest onshore discoveries in Romania in the past 10 years. The gas field will begin production after 2020 and will produce natural gas and condensates. 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 reasona ... of the Caragele gas field are around 986 billion cubic feet (28.2 km³) with test production situated between 8.12 million cubic feet/day (0.23×105m ...
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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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Buzău County
Buzău County () is a county ( judeÈ›) of Romania, in the historical region Muntenia, with the capital city at Buzău. Demographics In 2011, it had a population of 432,054 and the population density was 70.7/km2. * Romanians – 97% * Romani – under 3% declared and others Geography This county has a total area of 6,103 km2. In the North Side there are the mountains from the southern end of the Eastern Carpathians group – the Vrancea Mountains and the Buzău Mountains with heights over 1,700 m. The heights decrease in the South and East passing through the subcarpathian hills to the Bărăgan Plain at about 80 m. The main river crossing the county is the Buzău River which collects many small rivers from the mountains and flows to the East into the Siret River. Neighbours * Brăila County to the east. * Prahova County and BraÈ™ov County to the west. * Covasna County and Vrancea County to the north. * IalomiÈ›a County to the south. Economy The predo ...
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Romgaz
Societatea Națională de Gaze Naturale Romgaz SA Mediaș (SNGN Romgaz SA) or simply Romgaz is the largest natural gas producer in Romania and one of the largest producers in Eastern Europe. The company is the country's main supplier and responsible for producing around 40% of the total natural gas consumption in Romania. Its majority stockholder is the Government of Romania, which owns 70.01%, while the remaining 29.09% are free-floated. In 2018, the company was the only state owned company surpassing €1 billion in revenues. Romgaz is specialized in geological research for the discovery of hydrocarbons, production, storage, commercialization and the supply of natural gas and natural gas condensate. The company is structured into six branches: two production branches located in Târgu Mureș and Mediaș, one underground storage branch located in Ploieşti, a special operations branch located in Mediaş, a maintenance branch located in Târgu Mureș and one international office ...
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Natural Gas 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 ...
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Luciu
Luciu is a commune in Buzău County, Muntenia, 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, S .... It is composed of two villages, Caragele and Luciu. Notes Communes in Buzău County Localities in Muntenia {{Buzău-geo-stub ...
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Muntenia
Muntenia (, also known in English as Greater Wallachia) is a historical region of Romania, part of Wallachia (also, sometimes considered Wallachia proper, as ''Muntenia'', ''Țara Românească'', and the seldom used ''Valahia'' are synonyms in Romanian). It is situated between the Danube (south and east), the Carpathian Mountains (the Transylvanian Alps branch) and Moldavia (both north), and the Olt River to the west. The latter river is the border between Muntenia and Oltenia (or ''Lesser Wallachia''). Part of the traditional border between Wallachia/Muntenia and Moldavia was formed by the rivers Milcov and Siret. Geography Muntenia includes București - Ilfov, Sud - Muntenia, and part of the Sud-Est development regions. It consists of ten counties entirely: * Brăila * Buzău * Călărași * Argeș * Dâmbovița * Giurgiu * Ialomița * Ilfov * Prahova And parts of four others: * Teleorman (the entire county with the exception of Islaz) * Vrancea (southern part) * ...
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Jurassic
The Jurassic ( ) is a Geological period, geologic period and System (stratigraphy), stratigraphic system that spanned from the end of the Triassic Period million years ago (Mya) to the beginning of the Cretaceous Period, approximately Mya. The Jurassic constitutes the middle period of the Mesozoic, Mesozoic Era and is named after the Jura Mountains, where limestone strata from the period were first identified. The start of the Jurassic was marked by the major Triassic–Jurassic extinction event, associated with the eruption of the Central Atlantic magmatic province, Central Atlantic Magmatic Province. The beginning of the Toarcian Stage started around 183 million years ago and is marked by an extinction event associated with widespread Anoxic event, oceanic anoxia, ocean acidification, and elevated temperatures likely caused by the eruption of the Karoo-Ferrar, Karoo-Ferrar large igneous provinces. The end of the Jurassic, however, has no clear boundary with the Cretaceous and i ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Natural Gas Condensate
Natural-gas condensate, also called natural gas liquids, is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natural gas will condense to a liquid state if the temperature is reduced to below the hydrocarbon dew point temperature at a set pressure. The natural gas condensate is also called condensate, or gas condensate, or sometimes natural gasoline because it contains hydrocarbons within the gasoline boiling range, and is also referred to by the shortened name condy by many workers on gas installations. Raw natural gas may come from any one of three types of gas wells: * Crude oil wells: Raw natural gas that comes from crude oil wells is called ''associated gas''. This gas can exist separate from the crude oil in the underground formation, or be dissolved in the crude oil. Condensate produced from oil wells is often referred to as ''lease condens ...
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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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