title: Pâncota oil field
text: # Pâncota oil field
  
  The Pâncota oil field is an oil field located in Pâncota, Arad County. It was discovered in 2012 and developed by Universal Premium. It will begin production in 2014 and will produce oil. The total proven reserves of the Pâncota oil field are around 11 million barrels $(1.5×10^6tonnes),$ and production will be centered on 800 barrels per day (130 $m^3/d).$
  
  