Patos-Marinza Oil Field
| Patos Marinza | |
|---|---|
| Country | Albania |
| Region | Fier District |
| Location | Patos |
| Offshore/onshore | Onshore |
| Coordinates | Coordinates: 40°44′N 19°39′E / 40.733°N 19.65°E |
| Operator(s) | Bankers Petroleum (100%) |
| Field history | |
| Discovery | 1928 |
| Start of production | 2004 [1] |
| Production | |
| Current production of oil | 11.894 barrels per day (~592.7 t/a) |
| Estimated oil in place | 2,000 million barrels (~2.7×108 t) |
Patos Marinza is an Albanian oil field that was discovered in 1928.[2] It is the biggest on-shore oil field in Europe, and with its 11,854 barrels (1,884.6 m3) every day the biggest oil producing field in Albania.[3] The Patos Marinza oil field is located 10 kilometres (6 mi) east of the city of Fier in south central Albania.[4] Its proven reserves are about 2 billion barrels (320×106 m3).[5] Patos Marinzas has only heavy oil and is in production since the 1930s.[2] It produce 8,282 barrels per day (1,316.7 m3/d).[6]
A new agreement, made in 2010, requires a US$1 million signing bonus and a seven-year contract with three exploration periods. Commitments on the block during the first exploration period of three years include $1 million in expenditure for seismic and $4 million for the drilling of two wells.[7] [8]
Contents |
[edit] Stactics
- Contingent resource for 2010 is 1.2 billion barrels (190,000,000 m3), compared to 838 million barrels (133,200,000 m3) in 2009[9]
- Prospective resource for 2010 is 568 million barrels (90,300,000 m3), compared to 384 million barrels (61,100,000 m3) in 2009[9]
[edit] See also
[edit] External links
[edit] References
- ^ http://www.bankerspetroleum.com/index.php?page=patos_marinza
- ^ a b "Cold Heavy Oil Production at Patos-Marinza, Albania". Onepetro.org. 2005-11-03. http://www.onepetro.org/mslib/servlet/onepetropreview?id=SPE-97992-MS&soc=SPE. Retrieved 2010-03-18.
- ^ "UPDATE 1-Bankers Petroleum's key Albanian oilfield output jumps in Q1". Reuters. 2011-04-07. http://www.reuters.com/article/2011/04/07/bankerspetroleum-idUSL3E7F724020110407.
- ^ http://cat.inist.fr/?aModele=afficheN&cpsidt=16338353
- ^ Posted by WNJ Editor (2009-11-03). "World News Journal: Europe's largest onshore oilfield is in Albania". Africannewsanalysis.blogspot.com. http://africannewsanalysis.blogspot.com/2009/11/europes-largest-onshore-oilfield-is-in.html. Retrieved 2010-03-18.
- ^ http://www.investegate.co.uk/InvArticle.aspx?id=67572
- ^ http://www.istockanalyst.com/article/viewiStockNews/articleid/4023666
- ^ http://www.balkans.com/open-news.php?uniquenumber=57860
- ^ a b http://www.istockanalyst.com/business/news/4954609/bankers-petroleum-announces-2010-reserves-report
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