Masseria Verticchio is a producing conventional gas field located onshore Italy and is operated by Eni. The field is located in block Masseria Verticchio.
Field participation details
The field is owned by Eni.
Production from Masseria Verticchio
The Masseria Verticchio conventional gas field recovered 95.95% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 1.23 thousand bpd of crude oil and condensate and 5 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 0.71 Mmboe, comprised of 0.28 Mmbbl of crude oil & condensate and 2.57 bcf of natural gas reserves.
Eni SpA (Eni) is an integrated oil and gas company that discovers, explores, develops and produces crude oil, natural gas and condensates. The company also involved in supply, trading and shipping of natural gas, LNG, electricity and fuels. It has operations in Italy, Cyprus, the UK, Portugal, Algeria, Egypt, Gabon, Nigeria, Russia, Venezuela and other countries. Through its refineries, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and allied products. It commercializes these products through wholesalers and retail networks. The company has properties across Italy, Other European Union, Rest of Europe, Americas, Asia and Africa. Eni is headquartered in Rome, Italy.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.