BSOG to drill two wells off Romania

Black Sea Oil & Gas (BSOG) has awarded GSP Offshore a contract to drill two exploration wells in the XV Midia Shallow Block, on the Romanian Black Sea Continental Shelf.

The GSP Uranus, from GSP.

BSOG, along with its co-venture partners, announced that GSP Uranus jackup has been selected to drill the wells in up to 100m, and is set to begin in Q4 2017.

GSP will also be responsible for auxiliary services such as aviation, logistics and offshore service vessels to support the drilling operations.

“The Midia Block Concession Holders are targeting prospects that not only could add to the resource base of the Concession Holders but, more importantly, could feed the Midia Gas Development Project currently consisting of the Ana and Doina discoveries that is currently heading towards development approval,” says Mark Beacom, BSOG CEO.

BSOG says it is currently obtaining all the approvals required to develop the Midia Gas Development Project.

“These approvals include NAMR and ANRE approvals, environmental and construction approvals and authorizations from local and national authorities, Transgaz approval as well as shareholder and partner approvals,” the company says. “Although there are many regulatory challenges ahead the partner group is targeting obtaining these approvals in 2017. Once this has been achieved then it will take a further two years to build the offshore platform, drill the development wells, lay the offshore and onshore pipelines and construct the Gas treatment plant.”

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