Scandoil  

Sound Oil receives formal award of the D.R74.AP Permit


Published Jun 13, 2014
Sound Oil

Sound Oil has received the formal award of the D.R74.AP Permit (previously the D150DR-CS Permit) from the Italian Ministry of Economic Development.

The permit, owned 100% by Sound Oil, contains the Laura field, a discovery located 4km offshore in the Gulf of Taranto, Southern Italy, which was discovered by ENI in 1980. The Laura discovery was previously successfully tested, delivered a stabilized rate of 10 MMscf per day and has an independently assessed resource of 30 Bscf (P50).

Following successful analysis of the existing seismic data and well logs, the Company plans to reach the reservoir from an onshore location using extended reach drilling technology and without further offshore seismic acquisition. As with all drilling in Italy, the well will be subject to an Environmental Impact Assessment.

Tags: Sound Oil plc




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml