MVM Drills 10th Well in Eastern Hungarian Gas Field

The energy company MVM is drilling its tenth well in the gas fields of Eastern Hungary, the Ministry of Energy (EM) said on its Facebook page on Wednesday.

The ministry explained that the drilling of the fourth new well in the Sarkad area of Békés County was recently completed and is currently being tested. The drilling of a further well has just started.

In Nyékpuszta, four wells have been put on production since February 2023, including one previously drilled. The volume of natural gas brought to the surface has now exceeded 100 million cubic meters, and 135,000 cubic meters of light oil have been produced.

The energy company had drilled four wells in Berettyóújfalu in the region of Hajdú-Bihar by February this year. The first came on stream in June and has so far produced four million cubic meters of natural gas, while the second is currently being tested.

Domestic gas consumption has fallen from the pre-international energy crisis level of 10-11 billion cubic meters per year to close to eight billion cubic meters. Natural gas has a major role to play in a successful green transition as a balancing energy source for weather-dependent renewables, the ministry said.