Po Valley Energy Ltd., Perth, plans to complete its Selva gas field Podere Maiar 1 dir (PM1) well in mid-December with production planned for January 2018. As part of the operator’s plan to revive Eni SPA’s former gas field in northern Italy, Po Valley Energy drilled the PM1 well to 1,330 m TD in the Pliocene (OGJ Online, Oct. 25, 2017).
Schlumberger’s downhole log results confirmed 53 m of gross gas pay. The well encountered the top of the reservoir at 1,245 m TVD—12 m above the level of any previous production wells, including the nearby Selva 6 well. The two main sand levels show high resistivity in the logs, indicating in accordance with sonic, a gas-bearing reservoir, the company said. The PM1 well is in the Podere Gallina permit near Bologna.
In March, Po Valley Energy was awarded the Torre del Moro exploration license where the company planned to evaluate an onshore Mesozoic carbonate structure also in northern Italy (OGJ Online, Mar. 6, 2017). The operator said Torre del Moro exploration target was analogous Eni’s Villa Fortuna field, which has produced 230 million bbl of oil to date.
Po Valley, 63%, and its joint venture partners United Oil & Gas, 20%, and Prospex Oil & Gas, 17%, have agreed to proceed to case, perforate, and complete the well and install downhole production equipment.
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