Asset Report

Neptun Deep

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OMV Petrom operates the giant Neptun Deep gas project in Romania's sector of the Black Sea, which will provide the country's first-ever deepwater production. FID for Neptun Deep's core Domino and Pelican Sud fields was announced in 2023. This followed several years of delays caused by fiscal and regulatory disruption in Romania. Neptun Deep gas output will plateau at about 775 mmcfd (8 bcm a year) from the late 2020s. We expect a four-year lead time from FID to start-up and ...

Table of contents

  • Summary
  • Key Issues
  • Licence
    • ExxonMobil divestment to Romgaz (2022)
  • Petroleum play
  • Future activity
    • ExxonMobil-OMV Petrom E&A programme (2008-16)
    • Reported data
    • Modelling
  • Condensate
    • Overview
    • Key emissions optimisation work
    • Corporate strategies
    • Key development metrics
    • Key dates
    • Initial tie-in
    • Tuzla-Podisor pipeline
    • Operator guidance
    • Modelling
  • 6 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Index map
  • Neptun Deep map
  • Hydrocarbon and reservoir quality
  • Key E&A wells
  • Discovery summary
  • Reserves (2P) at 01/01/2025
  • Contingent Resources (2C) at 01/01/2025
  • Production (2027-2036)
  • Neptun Deep production profile
  • Operating Costs 2027 to 2036 (US$ million)
  • Annual gas price
  • Cash Flow (US$)
  • 9 more item(s)...

What's included

This report contains:

  • Document

    Neptun Deep

    PDF 1.91 MB

  • Document

    Neptun Deep

    PDF 1.91 MB