Gas storage due in redeveloped oil reservoir off Spain

08/15/2005
Spain appears headed for an oil production boost in the second half of 2006 when idle Amposta oil field in the Gulf of Valencia returns to production.A Royal Dutch Shell PLC unit discovered Amposta, formerly known as Amposta Marine, in 1970 and produced it, mostly through 6 of 12 wells drilled, during 1973-89. The best wells tested at rates of 20,000 b/d.The fractured and brecciated Lower Cretaceous Montsia dolomitic limestone reservoir with a water drive was then estimated to have 100 million bbl in place. When abandoned, it had produced 56 million bbl of oil with less than 1% water and a 2% drawdown on the reservoir’s original pressure of 2,743 psi. The oil is 17.5° gravity wi...
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