Po Valley wins Sillaro field production license

Rick Wilkinson
OGJ Correspondent

MELBOURNE, Dec. 1 -- Po Valley Energy Ltd., Sydney, has been granted a second production license for gas development and production in Italy.

The latest license is for production from its largest asset, Sillaro gas field near Bologna in northern Italy, and follows the license to produce its Castello field near Milan, which was granted earlier this month.

The 20-year Sillaro license gives Po Valley the right to production along with full approvals to do so from the environment, regional, and commune authorities.

Po Valley plans a two-well development with an initial production of 3.8 MMcfd. The field has estimated 2P reserves of 14 bcf.

Production from three gas-bearing zones will be piped straight into the Italian national grid, which is 300 m away.

Po Valley says the equipment is ready, the pipeline connection nearly completed, and first gas production will begin following that of Castello in 2009.

Related Articles

Open seasons start for Eagle Ford pipeline

06/02/2014 Victoria Express Pipeline LLC has opened a binding open season for long-term commitments of transportation of crude oil and condensate through a pi...

Market dynamics key to US LNG exports to Asia, witnesses say

06/02/2014 US exports of LNG to Asia are more likely to be determined by overseas market dynamics than by US government policies, witnesses told a US House Fo...

AER: Environmental charges laid against Plains Midstream for 2012 spill

06/02/2014 The Alberta Energy Regulator said environmental charges have been laid against Plains Midstream Canada ULC for a 2012 pipeline incident. AER said 2...

Cheniere unit, Iberdrola sign LNG supply deal

05/30/2014 Corpus Christi Liquefaction LLC, a subsidiary of Cheniere Energy Inc., Houston, has entered into a sale and purchase agreement (SPA) under which Sp...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected