Project Profile
Location: Italy
Area: 19.51 km2
Reserves: 2.0 bcf
Production capacity: 29,500 scm
Production start-up: 2018
The Sant Alberto licence covers an area of 19.51 km2 and is located close to the Sillaro field. On 17 October 2017, Saffron Energy secured a Production Concession for Sant\' Alberto gas field from the Italian Ministry of Economic Development. The field requires a simple development, involving the installation of a modular gas processing facility and connection of this gas processing facility to the Italian national grid. Completion of this development and first production is expected during the first half of 2018. The processing facility will comprise of a separation and hydration system, nitrogen generation and a tank/vent. The Sant Alberto production concession has 2P Reserves of 2.0 billion cubic feet (bcf) (59.5 Million metric standard cubic metres (MMscm)) and production capability is expected to peak at around 29,500 standard cubic metres (scm) / day. This concession application received environmental clearance and the Company is awaiting the finalisation of the production concession license.
Operators:
Saffron Energy