Galata Gas Field Project

completed

This project involves the development and operation of the Galata natural gas field offshore of the Bulgarian Black Sea coast. The field lies approximately 20 km offshore to the east of the port of Varna and it is anticipated to produce approximately 1.42 million standard cubic meters per day (MMSCMD) of sweet dry gas (there is no H2S present) for a 2 year plateau with cumulative production of 1.5 billion cubic meters (BCM) over 5-7 years. Upside potential also exists within the field, as well as the surrounding exploration acreage. To maximize flexibility, the facilities may be designed with the option of re-injection at any time following the initial plateau period.