Italy Caltanissetta exploration basin

The onshore sector of the Italy Caltanissetta Basin has a long exploration history and is now considered mature. However, we do not consider exploration in the basin to be a material consideration, the last exploration well was drilled in 2008. A drilling moratorium was introduced in August 2010, which banned all drilling within five miles of the coast and within 12 nautical miles of any marine protected area. While the ban was partially lifted in 2012, the Government reintroduced restrictions as part of the 2016 budget and all drilling is now banned within 12 miles of the coast. A comprehensive update will be carried out if and when activity necessitates it. However if the basin is of interest to you, please contact us using the analyst details linked to this report and we will share Wood Mackenzie’s latest views and information.