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Crude Oil Reserves in Italy
- By Oil and Gas Author
- Published 08/25/2006
- Crude Oil Petroleum , Natural Gas Petroleum , Exploration and Discoveries , Liquefied Natural Gas LNG , Oil Field Development , Italy , Oil and Natural Gas Prices , Petroleum Pipeline
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Oil and Gas Author
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View all articles by Oil and Gas AuthorItaly produced 115,000 bbl/d of crude Oil in 2005, with some 75 percent of that production coming from Eni. Three projects contributed over 70 percent of Enis total production in Italy: Val dAgri in southern Italy, Villafortuna in the north, and Aquila off the south-east Adriatic coast. Other important oil fields in the country include Ropso, Vega, Gela, and Ragusa. French oil major Total is leading development of the the Tempa Rossa project, adjacent to Val dAgri. Tempa Rossa contains an estimated 200 million barrels of oil, and Total expects the project to come on stream by 2007, with peak production of 50,000 bbl/d.
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