Publications

Survey of Energy Resources 2007

Crude Oil and Natural Gas Liquids Country Notes

Despite being one of Europe's oldest oil producers, Romania still possesses substantial oil resources. The Romanian WEC Member Committee, quoting the National Agency for Mineral Resources, reports that within a proved amount of crude oil in place of 1 947 million tonnes, plus a corresponding figure of 11 million tonnes for NGLs, recoverable reserves are 52.1 million tonnes of crude plus 0.6 million tonnes of NGLs. The estimated additional amounts in place (in million tonnes) are given as approximately 124 and 2, respectively, with recoverable amounts of 62 and 0.4.

The principal region of production has long been the Ploesti area in the Carpathian Basin to the north-west of Bucharest, but a new oil province has come on the scene in recent years with the start-up of production from two offshore fields (West and East Lebada) in the Black Sea. Within the figures of proved recoverable reserves given above, the amounts located in offshore waters are 1.6 million tonnes of crude oil and 0.2 million tonnes of NGLs. In national terms, oil output (including NGLs) has been slowly contracting since around 1995.