Agip oil discovery near Milan may fuel Italy's next expansion

Journal Article · Mon Jun 20 00:00:00 EDT 1988 · Oil Gas J.; (United States)

OSTI ID:6897492

A promising crude oil discovery by Agip SpA just over 18 miles northwest of Milan could set Italy on course for another substantial expansion in oil production. Flow was boosted last year by the start-up of output from the country's biggest oil deposit, the Vega field offshore Sicily. Vega production is scheduled to reach a peak of 60,000 b/d, but the average production for 1988 is expected to be only 25,000 b/d because of water production problems. Italian crude-oil production averaged 80,137 b/d during 1987 with Agip contributing 47,260 b/d. This year output it projected to rise to more than 82,000 b/d. Development of Agip's new discovery is likely to be fraught with difficulties. The successful wildcat and the initial appraisal program was in a national park along the River Ticino, a tributary of the River Po.

• OSTI ID: 6897492
• Journal Information: Oil Gas J.; (United States), Vol. 86:25
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING
POLICY AND ECONOMY
02 PETROLEUM
ITALY
PETROLEUM DEPOSITS
EXPLOITATION
EXPLORATION
FORECASTING
OFFSHORE SITES
OIL FIELDS
PRODUCTION
EUROPE
GEOLOGIC DEPOSITS
MINERAL RESOURCES
RESOURCES
WESTERN EUROPE
294002* - Energy Planning & Policy- Petroleum
294002 - Energy Planning & Policy- Petroleum
020200 - Petroleum- Reserves
Geology
& Exploration