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- Oil Exploration and Oil Production in Italy
Oil Exploration and Oil Production in Italy
- By OilGasArticles Editor
- Published 03/17/2006
- Italy , Oil Gas Countries , Exploration and Discoveries
- Unrated
OilGasArticles Editor
OilGasArticles features up-to-date, searchable oil and natural gas industry articles, online oil and gas publication service, and a full-text article database covering all areas of the oil and gas industry.
View all articles by OilGasArticles EditorItaly produced 104,000 bbl/d of crude Oil in 2004, with some 89 percent of that production coming from Eni.
Three projects contributed over 70 percent of Eni's total production in Italy: Val d'Agri 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 d'Agri. 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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