MOL Plc said it has discovered a new oil field near Somogysámson in Western Hungary.
The company found oil at a depth of (4,100 feet) 1,250 meters during exploration drilling in December 2024. According to the results, the well located in the Somogysámson oilfield is capable of producing 1,200 barrels per day, MOL said.
Production from the new well is being transported by truck to the Danube Refinery in Százhalombatta and represents approximately one percent of the MOL Group’s total hydrocarbon production, according to the release.