>Central European Petroleum (CEP) has announced Poland's largest and one of Europe’s most significant conventional oil finds in a decade, located off the central European country's Baltic Sea coast.

>The breakthrough was made at CEP’s Wolin East 1 (WE1) well, some 6 kilometres from the port city of Świnoujście in Poland's northwest.

>Preliminary figures suggest the WE1 site contains 22 million tonnes of recoverable crude oil and condensate, along with 5 billion cubic metres of commercial-grade natural gas.

>The broader concession area, spanning 593 square kilometres, is estimated to contain over 33 million tonnes of oil and condensate, as well as 27 billion cubic metres of gas.

>That would more than double Poland’s current estimated oil reserves, which stood at around 20.2 million tonnes in 2023, according to Polish public broadcaster TVP.

>If confirmed, the discovery would rank as Poland’s largest conventional hydrocarbon deposit and among the biggest in Europe in the last 10 years, according to the Polish Press Agency.


https://www.euronews.com/my-europe/2025/07/21/poland-discovers-one-of-europes-largest-oil-deposits-in-a-decade