Both the Delta and Lebada Vest deposits are located in the Black Sea’s Histria XVIII block. “The recent start of production in the Delta deposit is a major accomplishment, due to the technical difficulties we faced while drilling the Delta 6 well. The concept of the horizontal well has proven to be a success, which has made the Delta 6 well one of our most valuable wells in Romania,” said Johann Pleininger, member of Petrom’s Executive Board, responsible for Exploration and Production.
According to the company, the potential for hydrocarbons in the Delta offshore well was confirmed in 2007, with results from the Delta 4 exploration well.
Petrom’s net profit in the first six months in 2009 amounted to RON 923 million, (€219 mln).
