projects

Palazzo San Gervasio

Filed with the Ministry of Economic Development and published in the Official Bulletin of Hydrocarbons and Geothermal Resources No. L-4 in 2006, the 470.19 sq km Palazzo San Gervasio exploration permit application covers an area on the same production trend as Torrente Acqua Fredda. Several gas fields (including the Candela-Palino gas field, which produced 605.50 Bcf natural gas and 600,000 barrels of condensate from 1965 to 1996 from Middle and Upper Pliocene sands) continue to the northwest of the block, located in Basilicata.