Eni finds gas off Sicily

Eni has discovered gas in the Sicilian Strait some 20 km (12 mi) off the coast of Agrigento at the Agro 2 well in 500 m (1,640 ft) of water.

Offshore staff

MILAN, Italy --Eni has discovered gas in the Sicilian Strait some 20 km (12 mi) off the coast of Agrigento at the Agro 2 well in 500 m (1,640 ft) of water.

Preliminary tests indicate about 170,000 cu m/d (6 MMcf/d) production, says Eni.

The Argo 1, drilled in 2006, made the initial area discovery and Eni says discovery confirms the high potential of the Sicilian Strait deep offshore area, where the neighbouring Panda and Cassiopea fields also are located.

A fasttrack development is being studied that would create synergies between these fields. The potential of the area is estimated at approximately 18 bcm (636 bcf) of recoverable reserves.

09/25/2008

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