Flow test confirms Italy Po Valley gas discovery

The Gradizza-1 gas discovery well on the La Prospera permit in Italy’s Po basin has flowed gas at rates of 175-250 Mcfd, which one participant said affirms the viability of a number of analogous drillable prospects on the adjacent Ponte del Diavolo permit.

Operator Po Valley Energy Ltd. flowed the gas from perforations at 2,808-22 ft in a formation of Quaternary age. Initial flowing tubing pressures averaged more than 220 psi.

The well had a drilling break in the target Pleistocene-age sand interval, and after coring and logging, operations confirmed the presence of a gas-bearing reservoir exceeding 33 ft. Initial shut-in pressure is 1,110 psi on 2-7/8-in. tubing, indicating original pressures, said BRS Resources Ltd., Dallas. The well has not yielded water but is still cleaning up.

BRS is participating in the well through its membership interest in AleAnna Resources LLC. Under a farmout between PVE and AleAnna, AleAnna may earn a 10% interest in the Gradizza prospect and La Prospera permit.