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Moftin Oil Field
The Moftin oil field is an oil field located in Moftin, Satu Mare County. It was discovered in 2012 and developed by Rompetrol. It will begin production in 2014 and will produce oil. The total proven reserves Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certaint ... of the Moftin oil field are around 20 million barrels (2.7 million tonnes), and production is centered on . External links * References Oil fields in Romania {{Romania-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Romania
Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to the east, and the Black Sea to the southeast. It has a mainly continental climate, and an area of with a population of 19 million people. Romania is the List of European countries by area, twelfth-largest country in Europe and the List of European Union member states by population, sixth-most populous member state of the European Union. Europe's second-longest river, the Danube, empties into the Danube Delta in the southeast of the country. The Carpathian Mountains cross Romania from the north to the southwest and include Moldoveanu Peak, at an altitude of . Bucharest is the country's Bucharest metropolitan area, largest urban area and Economy of Romania, financial centre. Other major urban centers, urban areas include Cluj-Napoca, Timiș ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Satu Mare County
Satu Mare County (, , ) is a county (Counties of Romania, județ) of Romania, on the border with Hungary and Ukraine. The capital city is Satu Mare. Name In Hungarian language, Hungarian, it is known as ''Szatmár megye'', in German language, German as ''Kreis Sathmar'', in Ukrainian language, Ukrainian as Сату-Маре, and in Slovak language, Slovak as ''Satmárska župa''. Geography Satu Mare County has a total area of . In the north are the Oaș Mountains, part of the Eastern Carpathians. This makes up around 17% of the area. The remainder is hills, forming 20% of the area, and plains. The western part of the county takes up the Eastern part of the Pannonian Basin, Pannonian Plain. The county is crossed by the Someș (river), Someș River, the Tur (river), Tur River, and Crasna (Tisza), Crasna River. The county lies partly in the Maramureș, historical region of Maramureș and partly in the historical region of Crișana. Neighbours *Maramureș County in the East. *H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rompetrol
Rompetrol is a petroleum, crude oil development, producer, and refiner based in Romania. It also markets and distributes refined petroleum products through its chain of gasoline and diesel fuel stations. Established as a state-owned company in 1974, it was privatized in 1993 and became a subsidiary of KMG International in 2007. It has operations in 12 countries, where it is known as The Rompetrol Group N.V. History Rompetrol was established in 1974 as the operator of the Romanian oil industry. The company was privatized in 1993 through a Management and Employee Buyout (MEBO), and turnover subsequently reduced to below $6 million by 1998. In 1998, Rompetrol was purchased by a local investor group led by Dinu Patriciu, thus increasing company capital and contributing into a substantial turnover growth. In 1999, the company's new holding was established as The Rompetrol Group N.V.(TRG) in the Netherlands. The new group made its first major acquisition: Vega Refinery - located in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Field
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as ''conventional'' and '' unconventional'' reservoirs. In conventional reservoirs, the naturally occurring hydrocarbons, such as crude oil (petroleum) or natural gas, are trapped by overlying rock formations with lower permeability, while in unconventional reservoirs the rocks have high porosity and low permeability, which keeps the hydrocarbons trapped in place, therefore not requiring a cap rock. Reservoirs are found using hydrocarbon exploration methods. Oil field An oil field is an area of accumulated liquid petroleum underground in multiple (potentially linked) reservoirs, trapped as it rises to impermeable rock formations. In industrial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Moftin
Moftin (, Hungarian pronunciation: ; ) is a commune of 4,222 inhabitants situated in Satu Mare County, Romania. Its center is Moftinu Mic, and the commune is composed of seven villages: Domănești (''Domahida''), Ghilvaci (''Gilvács''), Ghirolt (''Érgirolt''), Istrău (''Esztró''), Moftinu Mare (''Nagymajtény''), Moftinu Mic, and Sânmiclăuș (''Krasznaszentmiklós''). Administration The current local council has the following political composition, based on the results of the votes cast at the 2024 Romanian local elections. Geography The commune is located in the south-western part of the county, at a distance of from Carei and from the county seat, Satu Mare, on European route E671. It borders the city of Carei and Căpleni commune to the west, Căuaș commune to the south, Terebești and Craidorolț communes to the east and Doba commune to the north. History On 1 May 1711, at the end of Rákóczi's War of Independence, 12,000 rebels laid down their arm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proven Reserves
Proven reserves (also called measured reserves, 1P, and reserves) is a measure of fossil fuel energy reserves, such as oil and gas reserves and coal reserves. It is defined as the "quantity of energy sources estimated with reasonable certainty, from the analysis of geologic and engineering data, to be recoverable from well established or known reservoirs with the existing equipment and under the existing operating conditions." A reserve is considered proven if it is probable that at least 90% of the resource is recoverable by economically profitable means. Operating conditions are taken into account when determining if a reserve is classified as proven. Operating conditions include operational break-even price, regulatory and contractual approvals, without which the reserve cannot be classified as proven. Price changes therefore can have a large impact on the classification of proven reserves. Regulatory and contractual conditions may change, and also affect the amount of prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
HotNews
HotNews is one of the oldest and biggest Romanian news sites focused mainly on general topics, finance, politics, and current affairs. The website constantly publishes news, interviews, video documentaries, and opinion pieces. History The website was founded in October 1999 by a group of financial journalists under the name ''RevistaPresei.ro'' and contained articles from outside sources put together as a press review. It was rebranded as HotNews.ro in 2005. As of February 2019, the site has around 250,000–300,000 unique users daily, more than 3 million monthly unique visitors, and around 30 million monthly page views, according to stats measured by the Romanian BRAT/SATI. Located in Bucharest, the company employed more than 30 journalists in 2018. Its advertising Advertising is the practice and techniques employed to bring attention to a Product (business), product or Service (economics), service. Advertising aims to present a product or service in terms of utilit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
