Po Valley cuts Castello field probable reserves
Based on a new interpretation of the Vitalba-1dir well, Po Valley Energy has slashed probable reserves from the Castello field 42pc to 103.9m cu m (3.66 bcf) from the previously reported reserves of 178m cu m (6.3 bcf).
Based on a new interpretation of the Vitalba-1dir well, Po Valley Energy has slashed probable reserves from the Castello field 42pc to 103.9m cu m (3.66 bcf) from the previously reported reserves of 178m cu m (6.3 bcf). On April 29, the company disclosed Vitalba-1dir was experiencing a faster-than-anticipated decline in well head pressure and outlined plans to conduct downhole pressure measurements to investigate.
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