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ExxonMobil, Petrom Strike Gas in Black Sea

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ExxonMobil Exploration and Production Romania and OMV Petrom, said on Friday that natural gas has been encountered in Domino‐1, the first deepwater exploration well in the Romanian sector of the Black Sea.

This is encouraging, but it is too early in the data evaluation and exploration process to speculate on whether it will prove to be commercial or not,” the two companies said in a statement.

The Domino-1 well is located in the Neptun Block, 170 kilometers offshore in water about 1000 meters deep.

Drilling operations started at year-end 2011 and are ongoing.

The total depth of the well is expected to be more than 3000 metres below sea level.

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