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oilwell

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MOL and O&GD Discovers New Oil Field

D&T
Sep 10, 2025

MOL Plc. has notifies market participants of the following MOL and O&GD have discovered a new oil field at a depth of approximately 2,400 meters near Galgahévíz, Hungary. O&GD and MOL share the extracted volume in a 51%-49% ratio. The Galgahévíz4 well is capable of producing approximately 1,000 barrels of crude oil per day, which […]

Vecsés 3 Well: Another Success for MOL

D&T
Nov 6, 2024

MOL Plc. has notified the capital markets on the website of the Budapest Stock Exchange that third Vecsés oil well (just outside Budapest), adds another 600 barrels of oil a day to MOL's Hungarian production. In the Vecsés oil field, discovered two years ago, there are three wells already operating. They produce about 4,000 barrels […]

No Mol Employees Present at the Attack in Pakistan

D&T
May 23, 2023

There were no employees of the Hungarian oil and gas company Mol were present at the company-operated wells in Pakistan where security forces were attacked. Production at the wells has been temporarily shut down by remote access and placed in security mode until the official on-site investigation is completed, Mol told MTI on Tuesday. The […]

Mol Finds Crude Oil in Vecsés

D&T
Nov 22, 2022

The Hungarian oil and gas company MOL has discovered a significant amount of oil at a depth of 2,100 meters near Vecsés, just south of Budapest. MOL started exploratory drilling in the area in July, and after carrying out the necessary tests, it proved that it had discovered a previously unknown oil field, the company […]

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