Production concession

Ownership: Joint Venture Irminio 26%, Gas Plus Italiana (67%) and Petrorep Italiana (7%)

Issue date: 06/08/1993

Administrative status: Production concession

Expiry date: 06/08/2023

Region: Emilia Romagna

Province: Parma

Area: 63.74 Km2

Sito concessione Monteardone

The Monteardone production Concession is located in Emilia Romagna in the Parma province between the Taro river and the Parma torrent.

The entire area is covered by a 2D seismic survey acquired between 1991 and 1995 and a second 3D seismic survey acquired in 1996, subsequently reprocessed.

Monteardone map

The field was discovered in 1995, a total of 5 wells were drilled of which the Torrente Baganza 1 (TBA-1) and TBA-2 wells recovered gas from turbiditic sandy levels of the Marnoso-Arenacea Formation at depth of 1500-1600 m Ssl (Serravallian age).

The structural trap consists of an anticline with NW-SE direction located on the external

offshoots of the Northern Apennine overthrust.

At present the Torrente Baganza 1 well is on production. The cumulative production of the Concession reached 700 MMscm.

In 2018 the field reservoir model was completed to evaluate the recovery of the residual reserves, the estimate of which is a total of compression reserves equal to 88.8 MSm3 of gas.


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