Italy: Sound Oil will complete Apennine gas well

By OGJ editors
HOUSTON, May 18
– Sound Oil PLC said its Apennine Energy SRL affiliate received all regulatory approvals and is mobilizing a rig to attempt completion of the Marciano-1ST well on the 24 sq km Fonte San Damiano concession in the Bradano foredeep of southern Italy’s Basilicata region.

Italmineraria drilled Marciano-1 in 1989 and completed the now-depleted Pleistocene MAR-3 gas sand. Cumulative production of 600 MMcf was used to generate electricity fed into the local grid.

Reinterpretation of seismic data confirmed several leads and prospects with potential recoverable gas volumes. Several leads are characterized by amplitude anomalies which in the Bradano basin are normally interpreted to be associated with gas. There are both shallow Pleistocene channel fills and deeper Pliocene turbidites at depths varying from 600 m to more than 1,300 m.

Apennine Energy drilled the Marciano-1 sidetrack in 2007, discovered two thin gas-bearing sands, and has cased the well. The sands are MAR-4 at 1,063 m and MAR-5 at 1,099 m. Consulting engineers estimated a midrange resource of 2.5 bcf to the sidetrack.

Interests are Apennine Energy 99% and Italmineraria 1%.



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