Sound Produces 24 MMcf of Gas at Nervesa

Sound Energy revealed Monday that it has produced 24.6 million cubic feet of gas at the Nervesa well in Italy since achieving first gas on February 3.

The company said that it had completed planned static and dynamic profiles on March 11, which identified an initial reduction in well pressure, with an associated minor production of water, and suggested that not all perforated levels are yet in production at the well. As a result, Sound has decided to temporarily constrain Nervesa’s flow rate to approximately 0.4 MMcf per day.

After a further period of production at these levels, the company will complete a second static profile to confirm the level of pressure support. The company may then consider reperforating select layers of the reservoir or installing a velocity string to facilitate the load up of the minor amount of liquid being produced.

Sound also revealed that a 40 day drill program for the first Tendrara well is expected to commence in April 2016 and stated that it expects the final permission to drill the Badile exploration well in Italy later in March.



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