Central European Petroleum (CEP) has confirmed the discovery of a significant oil field in the Wolin East 1 well, located in the Baltic Sea just 6 kilometers off the Polish coast. The well, drilled with a jack-up rig at a depth of 2715 meters, revealed a hydrocarbon column of 62 meters and an oil quality of 33.4° API.
The potential resources of the Wolin East deposit
The Wolin East field is estimated to contain up to 200 million barrels of oil equivalent (mmboe) of recoverable oil, including marketable gas and natural gas liquids. In addition, low-risk development opportunities exist in the same Main Dolomite geological formation and in the deeper Rotliegend, bringing the total potential of the concession to over 400 mmboe.
According to CEP, this discovery represents a pillar for the sustainable development of offshore resources. offshore resources resources of the country. If confirmed, it could become the largest conventional hydrocarbon field found so far on Polish territory. The national authorities highlight its potential impact on reducing dependence on energy imports.
Conceptual studies for the required infrastructure are currently being developed, using advanced technology and in collaboration with strategic industry players. CEP has held 100% of the Wolin exploration license since 2017, and anticipates an orderly transition to the development and exploitation phase of the field.
This discovery comes in the context of a European search for new energy sources. The Wolin East field could become one of the most important discoveries of the decade in Europe, and serve as a basis for strengthening the region’s energy security and autonomy.
Follow us on social networks and don’t miss any of our publications!
YouTube LinkedIn Facebook Instagram X (Twitter) TikTok
Source: PDF
Photo: Shutterstock
