D503 BR-CS
Licence Details
 
Area: 137.7 km2
Status: Assigned Permit
Effective date: Expected to be awarded in 2011
Work Commitment: N/A
Term5 years from award
Interests:
Apennine Energy (Operator)                 100.00%
 
 
Permit Area History
 
D505 BR-CS is located in Zone B of the central Adriatic. Average water depth is 60m. Geologically, it falls within the gas and oil prolific offshore of the Umbria - Marche region, a peri-foredeep trough of the Central Apennines.
 
The area covered by the permit was first explored by ENI and Shell between 1968 and 1975 under permit B.R11.AS. 2D seismic was acquired in 1968-1969 and the first well Dora-1 was drilled in 1972 as a gas-condensate discovery in the Scaglia limestones, testing 20.2 MMscfd from the interval 1361-1393m. In 1975 the permit was converted into concession B.C6.AS. In 1976 Shell assigned all of its working interest to ENI.   In 1980 additional 2D survey was acquired and in 1982 a second well Elisa-1 was drilled as a sub-commercial heavy oil discovery on a structure similar to Dora. Dora-2 appraisal well was drilled in 1966 as a gas discovery but the reservoir quality was inferior to that of Dora-1, testing only 0.6 MMscfd from the interval 1397-1410m. The concession was subsequently relinquished in November 2005.
 
Recent Permit Activity
 
Apennine Energy was assigned the permit in 2010.  The Company is required to undertake an Environmental Impact Assessment in order to convert the licence to a full permit. At present the area falls outside the exclusion zone for offshore drilling as announced by the Italian Environment Ministry. Pending outcome of this matter further work on the EIA has been suspended. To date the only other activity has been G&G data studies.
 
Gross P50 contingent resources for the Dora discovery have been estimated by Fugro-Robertson to be 17.6 Bscf*.
 

Note: Resource estimates indicated by an asterisk (*) indicate that the figures are supported by a corresponding Competent Person’s Report