The sidetrack well has intersected the main gas producing sands 12 meters updip of the original location in the San Mauro 2 DIR well. During production tests, rates between 10,000 and 15,000 scm/d were achieved on each of the three main reservoir levels with formation pressure of more than 45 bars. The San Mauro 2 well is 18% owned by MOG and the permit operator is Gas Plus Italiana.
The San Mauro Gas Field was first discovered in 1987 and gas production from the field began in 1993. Gas from the field (99.5% methane) flows to the Cellino gas treatment plant and is compressed into the Edison pipeline network
The operator is using the new results to update the reserves estimate for the San Mauro Gas Field. In MOG's Competent Person's Report contained in its Admission Document, RPS Energy estimated that the San Mauro Gas Field had 90 Mscm (100% basis) Proven and Probable gas reserves.
The Company's CEO, Giovanni Catalano, said:
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