Asset Report
Neptun Deep
Report summary
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 previous fiscal and regulatory disruption in Romania. Neptun Deep gas output will plateau at about 775 mmcfd (8 bcm a year) from the late 2020s. Based on operator guidance, we model a four-year ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
- Licence
-
Corporate
- ExxonMobil divestment to Romgaz (2022)
- Operator
-
Geology
- Petroleum play
- Well data
-
Exploration
-
Historical activity
- ExxonMobil-OMV Petrom E&A programme (2008-16)
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Historical activity
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Reserves and resources
-
Gas
- Reported data
- Modelling
- Condensate
-
Gas
-
Production
-
Emissions
- Overview
- Key emissions optimisation work
- Corporate strategies
-
Emissions
-
Development
- Key development metrics
- Key dates
-
Infrastructure
-
Gas
- Initial tie-in
- Tuzla-Podisor pipeline
-
Gas
-
Costs
-
Capital costs
- Operator guidance
- Modelling
-
Capital costs
-
Sales contracts
-
Gas marketing
- Offshore Law reforms (2022)
- Dispute resolution case (2023 onwards)
- Gas price
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Gas marketing
-
Fiscal and regulatory
- Offshore Law reforms (2022)
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Gas price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 25 images and tables including:
- Key facts: Table 1
- Index map
- Neptun Deep map
- Well data: Table 1
- Exploration: Table 1
- Production: Table 1
- Production: Table 2
- Neptun Deep production profile
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2024
- Remaining Revenue Distribution (Discounted at 10% from 01/01/2024)
- Remaining PV Price Sensitivities
- Participation: Table 1
- Geology: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Sales contracts: Table 1
- Infrastructure: Table 1
- Costs: Table 1
- Costs: Table 2
- Operating costs
What's included
This report contains:
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