Black Sea Oil & Gas (BSOG) said that it expects to begin extracting natural gas from its offshore Midia Natural Gas Development project in Romania in the first quarter of 2022.
BSOG CEO Mark Beacom said that the company managed to advance the project quite a lot in the past year, despite coronavirus-related restrictions. Currently, 80 % of the project is completed. Technically speaking, BSOG will start operations in November and kick off production in the first quarter of 2022.
Last month, BSOG announced the completion of the installation of Ana natural gas production platform in the Romanian Black Sea. The
production was previously scheduled to start by the end of this year, but delays in the works on the onshore gas treatment plant will delay the first deliveries of gas until early next year.
BSOG has as concession partners Petro Ventures Resources and Gas Plus Dacia. Ana is the first platform built and installed in Romania over the last 30 years.
Black Sea Oil & Gas (BSOG), wholly owned by Carlyle International Energy Partners, is a Romanian independent oil and gas company,
which targets exploration and development of conventional oil and gas resources. The company’s portfolio consists of XV Midia Shallow Block and XIII Pelican Block in the Romanian Black Sea, where the company is the operator and holds 65 % stake.
In early 2019, BSOG announced that it has approved the final investment decision to proceed with the 400 million dollars Midia Gas
Development Project in the Black Sea. The Midia gas Project consists of 5 production wells (1 subsea well at Doina field and 4 platform wells at Ana field) a subsea gas production system over the Doina well which will be connected through an 18 kilometers long pipeline with a new unmanned production platform located over Ana field. A 126 kilometers gas pipeline will link the Ana platform to the shore. The processed gas will then be delivered into the national transmission system.
