Romgaz has completed an important investment objective in the Snagov priority onshore project, which consists of the development of an infrastructure containing technological installations for 11 wells, four groups of wells, collecting pipes, a drying station and a gas measuring panel.

According to a company statement, the Snagov project is included in the Development Strategy 2021-2030.

“Since 2021, we have stepped up our efforts to complete an important stage in the development of the Snagov project. We carry out a sustained activity in order to maintain an average annual production decline below 2.5%, a strategic objective included in the company’s development strategy, in the context in which the majority production comes from mature onshore deposits. Moreover, in order to achieve this objective and, implicitly, to obtain additional production, Romgaz invests in geological exploration in order to discover new natural gas reserves and for the introduction of new production capacities,” said Aristotle Marius Jude, the company’s general manager.

Also, on Thursday, the Coşereni natural gas drying station was put into operation, an investment of approximately 31 million lei, which currently treats 230 thousand cubic meters/day of natural gas, production achieved by putting into operation three new wells.

By the end of the first quarter of 2023, in stages, other new wells will be introduced into production, increasing the use of the drying station to a volume of approximately 800 thousand cubic meters/day.