PJSC Lukoil discovered a 30bln-m3 gasfield in Romania, first tests say

PJSC Lukoil has announced today that the exploratory well Lira-1X has led to the discovery of a gas field in the Lira offshore structure, which is located at the Trident block (EX-30) in the deep-sea Romanian offshore.

The Lira-1X well is located at a distance of about 170 km (90 miles) from the coast, where the depth of the sea is about 700 meters. The well was drilled to a depth of 2,700 meters (8,858 feet), the well was temporarily abandoned for further evaluation of the Lira gas discovery.
According to preliminary results of the analysis of drilling data and geophysical exploration, the Lira-1X delivered a productive interval with an effective gas-saturated thickness of 46 meters, the gas field can reach up to 39 km2, reserves can exceed 30 bln cubic meters of gas, which is to be confirmed during evaluation drilling.
Currently LUKOIL’s share in the project is 72%, while PanAtlantic Petroleum Ltd owns 18% and Societatea Nationale de Gaze Naturale Romgaz SA owns 10%. The water depth within the block ranges from 300 to 1,200 meters. The block has an area of 1,006 km2.