The Algyő oil field is an oil field located in Algyő, Csongrád County, in Hungary. It was discovered in 1965 and developed by MOL Group. It began production in 1965 and produces oil. The total proven reserves of the Algyő oil field are approximately 629 million barrels (84×106tonnes). It provides nearly half of Hungary's crude oil. [1][2]

Algyő
Oil reservoirs in Algyő
CountryHungary
RegionCsongrád County
Offshore/onshoreonshore
OperatorMOL Group
Field history
Discovery1965
Start of development1965
Start of production1965
Production
Current production of oil8,500 barrels per day (~4.2×10^5 t/a)
Estimated oil in place84 million tonnes
(~ 100×10^6 m3 or 629 million bbl)
Estimated gas in place114×10^9 m3
4×10^12 cu ft

References

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  1. ^ "North Central Europe". eia.doe.gov. 2006. Archived from the original on 2003-02-18. Retrieved 2010-09-20.
  2. ^ "Improved Gas Lift Proposed For Hungarian Field". ogj.com. 1997. Retrieved 2013-06-07.

46°18′59″N 20°11′13″E / 46.316495456852564°N 20.18695855940302°E / 46.316495456852564; 20.18695855940302