Operations in Veneto, Italy

Celtique Energie operations in Veneto.
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Italy Licence – Carità

The licence contains the Nervesa gas discovery. Celtique was notified of award in July 2008 and the formal issue of a Decree for a six year term was granted in July 2010.

Celtique operates with a 50% interest.

Nervesa Gas Field (within Carità)

The Nervesa Gas Field was discovered in 1985 by AGIP when the side-tracked Nervesa 1 well intersected a series of sands with multiple gas shows while drilling and recorded gas a flow rate of 3.4mmcfd. Nervesa 1 is the only well on the field.

The structure was re-mapped by AGIP following the acquisition of additional seismic in 1990. The resultant interpretation showed Nervesa to be a faulted anticline with an aerial extent of approximately 5.5 sq.kms based on the lowest closing contour.

The reservoir sands are calc-arenites of Miocene (Tortonian) age and Nervesa 1 penetrated 16 individual reservoir horizons vertically segregated by grey argillaceous marls. Only one sand horizon out of the total of 16 was perforated and, after acidization, flow tested quality methane gas at a rate of 3.4 mmcfd. This sand produced approximately 0.64 bcf of gas before it was shut in due to water encroachment. The field remains undeveloped and is believed to have remaining reserves between 17 and 78 bcf.

Celtique’s programme for the Nervesa field is to gain better definition of the structure and reservoir units prior to evaluating the resource by either re-entering the Nervesa-1 well or drilling a new appraisal well on the structure.

Licence Summary



Licence Holder


Award Date

Size (sq.kms)

Veneto Basin


Celtique SPA 50%


Jul 2010


CE SPA= Celtique SPA

Celtique Energie
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Celtique Energie Ltd
Celtique Energie Petroleum Ltd
76-78 Charlotte Street
London W1T 4QS
United Kingdom
Tel: +44 20 7255 6100
Fax: +44 20 7255 6110
[email protected]