Romania: Winstar to spud oil, gas exploratory wells

By OGJ editors

Winstar Resources Ltd., Calgary, is to spud two exploratory wells by mid-October in northwestern Romania near the border with Hungary.

One is an 1,800-m oil test at Madaras field, and the other is a 1,550-m gas test at Moftinu field. Both offset older wells that encountered hydrocarbons.

Winstar will operate and pay 100% of the cost of the wells as part of the work commitment under a farmout from Rompetrol SA on the 459,339 net acre Satu Mare concession.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...