Tuesday, January 19, 2021
Home Oil & Gas Successful drilling: new gas field has been discovered by PGNiG

Successful drilling: new gas field has been discovered by PGNiG

Poland’s oil and gas company PGNiG announced that, in cooperation with ORLEN Upstream, a new gas field has been discovered in the municipality of Śrem, in Western Poland.

The drilling of the Grodzewo-1 well is now complete and the company estimates that approximately 20 million cubic metres of natural gas could be extracted from the field, annually.

“The success of the Grodzewo-1 well is another proof of the strong hydrocarbon potential of the central part of Wielkopolska region,” said Paweł Majewski, President of the Management Board of PGNiG. “We are determined to fully exploit these resources, hence our plans to continue drilling in that region over the coming year. We are all the more than happy to announce this success because we have had to work through the hurdles of epidemic-related restrictions.”

According to PGNiG and ORLEN Upstream’s cooperation agreement signed in 2009, PGNiG has 51 per cent share in the concession while ORLEN Upstream 49 per cent.

Earlier PGNiG also reported that further gas fields had been discovered in the near areas of Zaniemyśl, Środa Wielkopolska, Roszków, Kromolice, Kromolice Południe, Winna Góra, Lisewo, Komorze and recently in Miłosław.

The work is part of PGNiG’s massive exploration campaign targeting Rotliegend formations in the Polish Lowlands. This is a highly prospective area with prolific resources, as demonstrated by several dozen hydrocarbon fields already discovered within Rotliegend formations over the past 50 years. Since the 1990s, Rotliegend formations have remained the main target of PGNiG’s exploration efforts in western Poland.

Most Popular

Orlen Group signs a grid connection agreement for its offshore wind farm

Baltic Power, a member of the ORLEN Group, has signed a grid connection agreement with Polskie Sieci Elektroenergetyczne for its offshore wind farm, a guarantee that the clean energy generated can be fed into the national power system.

McKinsey: demand for fossil fuels will not return to pre-COVID growth path

In its latest report, McKinsey&Co forecasts the ways in which energy production and demand patterns will change through to 2050. Renewables will become cheaper than fossil fuels and by 2036, half of the global power supply is expected to come from RES.

TGE and PGNiG set up cooperation to create a biomethane market in Poland

The Polish Power Exchange and PGNiG signed a cooperation agreement with an aim to develop together a biomethane market, which offers considerable potential for the energy transformation of the Polish economy.

MAN Truck & Bus Slovenia partners with Petrol to develop sustainable logistics transport

MAN Truck & Bus Slovenia has signed a letter of intent with Petrol for the development of sustainable logistics and urban transport, to help achieve the goal of reducing CO2 emissions in urban centres.