Italy Po Valley indicated gas find to undergo tests

A group led by Po Valley Energy will test an apparent gas discovery at the Gradizza prospect on the La Prospera permit in Italy’s Po Valley.

The Gradizza-1 well went to a total depth of 3,478 ft, and logs identified a gas-bearing zone in the primary target area of the Quaternary sand, said BRS Resources Ltd., Dallas.

The well intersected a 33-ft gross gas column with 30 ft of net gas sand. PVE has elected to run casing, complete the well, and start the production test. Upon evaluation of the test results, production rates will be finalized and reported.

BRS Resources participates in the well through its membership interest in AleAnna Resources LLC. AleAnna and PVE executed a farm-in agreement that allowed AleAnna to earn a 10% interest in the Gradizza prospect and La Prospera permit.

AleAnna Resources holds a large acreage position onshore Italy with nine exploration permits and three permit applications in the Po Valley and Bradano basins totaling more than 800,000 acres.

Related Articles

E. Mediterranean gas work faces geopolitical hurdles

04/07/2014

Full development of giant natural gas discoveries in the eastern Mediterranean Sea depends on solutions to tough geopolitical problems.

Dominican Republic seeks domestic gas resource

04/07/2014 Rigorous development activities point to a large accumulation of gas reserves in the Dominican Republic's Enriquillo basin on the island of Hispani...

Trinidad and Tobago’s deepwater bid round draws lackluster response

04/04/2014 Trinidad and Tobago’s latest deepwater bid round failed to attract significant interest with four of the six blocks on offer not receiving any bids...

OMV, Murphy acquire blocks offshore Namibia

04/03/2014

OMV AG and Murphy Luderitz Oil Co. Ltd. have acquired 65% interest in Blocks 2613A and 2613B offshore Namibia from Brazil’s Cowan Petroleum.

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