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Black Sea: Petrom and Exxon Mobil Found Gas

Published: February 4, 2012; 14:46 · (Vindobona)

Romania’s first deepwater well indicates presence of hydrocarbons. The U.S. Exxon Mobil and Petrom, a Romanian subsidiary of Austrian OMV, are searching for natural gas.

Black Sea: Petrom and Exxon Mobil Found Gas / Picture: © Flickr

ExxonMobil Exploration and Production Romania Limited (EMEPRL), an affiliate of Exxon Mobil Corporation, together with OMV Petrom, the 51% subsidiary of OMV Aktiengesellschaft, announce that natural gas has been encountered in Domino‐1, the first deepwater exploration well in the Romanian sector of the Black Sea. This is encouraging, but it is too early in the data evaluation and…

This article includes a total of 288 words.

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