Sinoe is a producing conventional oil field located in shallow water in Romania and is operated by OMV Petrom. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block XVIII Istria, with water depth of 354 feet. Buy the profile here.
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Field participation details
The field is owned by OMV.
Production from Sinoe
The Sinoe conventional oil field recovered 90.53% of its total recoverable reserves, with peak production in 2008. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038. The field currently accounts for approximately 1% of the country’s daily output.
About OMV Petrom
OMV Petrom SA (OMV Petrom), a subsidiary of OMV AG, is an integrated energy producer. The company's primary activities span the entire energy value chain, including the exploration and production of oil and gas, refining and fuels distribution, and power generation and marketing. OMV Petrom's major products include crude oil, natural gas, refined products, and electricity. Its products are used by individuals and businesses for mobility, heating, and as a basis for various plastics and high-end petrochemical products. The company's distribution network includes a network of filling stations located in Romania, Moldova, Bulgaria, and Serbia. It operates in Romania, Bulgaria, and Georgia, and conducts gas and power marketing operations in other countries. OMV Petrom is headquartered in Bucharest, Romania.
For more details on the Sinoe Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
