Vega

Location

The Vega Oil and Gas Field is located offshore in Italy, specifically in the Sicilian Channel, approximately 20 km south of Pozzallo.

Coordinates

The exact coordinates of the field are 36.54° N, 14.625° E (WGS 84).

Operator and Ownership

The field is operated by Edison, although Energean holds a 60% ownership stake and Eni S.P.A. holds the remaining 40%.

Discovery and Production

• The field was discovered in 1981.
• The Final Investment Decision (FID) year is not specified.
• Production began in 1994.

Reserves and Resources

• The ultimate recoverable resources of hydrocarbons are estimated at 72 million barrels of oil equivalent (boe) as of 2017.
• The 2P (proved and probable) reserves for oil are 15 million barrels, though the data year for this figure is not specified.

Production

• The annual oil production from the Vega Oil and Gas Field was 0.36 million barrels per year as of 2019.

Field Details

• The field is part of the concession/block C.C 6.EO.

Operational Status

The Vega Oil and Gas Field is currently in an operating status, indicating it is actively producing oil and gas.

Additional Context

Energean, one of the owners, has significant interests in the field and provides detailed operational updates. However, for the most current and detailed operational data, including production forecasts, capital, and operating costs, one might need to refer to specific reports or updates from Energean or other industry sources.