Po Valley Energy gains approval for northern Italy gas field development
July 29, 2022
Po Valley Energy Ltd. received approval by Italy's Ministry of Ecological Transition for development at Podere Maiar gas field in Po Valley, onshore northern Italy, according to a release from Prospex Energy PLC.
Work to connect the suspended Podere Maiar-1 to the national gas grid will begin by awarding contracts for construction of automated gas plant infrastructure, and installation of a 1,000-m 4-in. pipeline. First gas is anticipated in first-half 2023.
Based on dynamic reservoir studies, the field, in the Selva Malvezzi production concession, will produce a maximum rate of up to 150,000 cu m/day (5.3 MMcfd) from successfully tested C1 and C2 production levels in the Medium- Upper Pliocene sands of the Porto Garibaldi formation.
Po Valley Energy is operator of the Selva Malvezzi concession (63%) with Prospex Energy holding the remaining 37%.
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).