The Moftin oil field is an

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 prese ...

located in

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 ...

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, Ge ...

. It was discovered in 2012 and developed by

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 ...

. It will begin production in 2014 and will produce

oil An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturate ...

. 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