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Patos-Marinza Oil Field

Coordinates: 40°44′N 19°39′E / 40.733°N 19.650°E / 40.733; 19.650
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Patos Marinza
CountryAlbania
RegionFier County
LocationPatos
Offshore/onshoreOnshore
Coordinates40°44′N 19°39′E / 40.733°N 19.650°E / 40.733; 19.650
OperatorBankers Petroleum (100%)
Field history
Discovery1928
Start of production2004 [1]
Production
Current production of oil11.894 barrels per day (~592.7 t/a)
Estimated oil in place2 million barrels (~2.7×10^5 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 (320×10^6 m3).[5] Patos Marinzas has only heavy oil and is in production since the 1930s.[2]

Statistics

  • Contingent resource for 2010 is 1.2 billion barrels (190,000,000 m3), compared to 838 million barrels (133,200,000 m3) in 2009[6]
  • Prospective resource for 2010 is 568 million barrels (90,300,000 m3), compared to 384 million barrels (61,100,000 m3) in 2009[6]

See also

References

  1. ^ "Bankers Petroleum Ltd". bankerspetroleum.com.
  2. ^ a b "Cold Heavy Oil Production at Patos-Marinza, Albania". Onepetro.org. 2005-11-03. Retrieved 2010-03-18.
  3. ^ "UPDATE 1-Bankers Petroleum's key Albanian oilfield output jumps in Q1". Reuters. 2011-04-07.
  4. ^ "CHOPS: Cold heavy Oil Production with sand in the Patos-Marinza Oilfield". inist.fr.
  5. ^ WNJ Editor (2009-11-03). "World News Journal: Europe's largest onshore oilfield is in Albania". Africannewsanalysis.blogspot.com. Retrieved 2010-03-18. {{cite web}}: |author= has generic name (help)
  6. ^ a b "BANKERS PETROLEUM ANNOUNCES 2010 RESERVES REPORT". istockanalyst.com.