Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Exxon scores more gas offshore Cyprus

© Supplied by Cyprus governmentGas flare lights up the night offshore
ExxonMobil has made a good-quality gas find at its block offshore Cyprus, on the Glaucus-2 well. Picture shows; Flaring at the Stena Forth. Cyprus. Supplied by Cyprus government Date; Unknown

ExxonMobil has made a good-quality gas find at its block offshore Cyprus, on the Glaucus-2 well.

Cyprus Ministry of Energy, Trade and Industry announced the discovery today. ExxonMobil Exploration and Production Cyprus (Offshore) and Qatar Petroleum International Upstream hold the licence on the block.

The Stena Forth rig drilled the well on Block 10, in Cyprus’ exclusive economic zone (EEZ). The rig began drilling the Glaucus-2 on December 20, 2021. The Stena Forth left the drilling site on March 20.

Commenting on the discovery, the ministry said drilling showed a gas reservoir with high quality characteristics. The companies will now move into detailed analysis and evaluation.

The aim is to determine the reservoir characteristics and consider options for development and commercialisation. The companies will report to the ministry on the data from the drilling and tests.

Exxon drilled the original Glaucus well in 2019. At that time, analysts attributed a gas volume of 5-8 trillion cubic feet.

Exxon and QatarEnergy (QE) won a block offshore Cyprus in 2021. The government approved the award of Block 5 to the two. The two companies are expected to begin seismic on the block this year.

Minister of Energy, Trade and Industry Natasa Pileidou, speaking last week at a conference, talked of driving progress in the gas sector forwards. She mentioned Chevron’s work on the Aphrodite find and talks with the Israeli and Egyptian authorities.

Recommended for you

More from Energy Voice

Latest Posts