The drillship “Tungsten Explorer” has now moved to the “Zeus-1” target, for a new exploratory drilling in Block 6 in order to more accurately estimate the quantities of natural gas in the block in question.
According to the Cyprus Ministry of Energy, the consortium of Eni Cyprus Limited and TotalEnergies EP Cyprus BV and the ministry are already working on ways to accelerate and optimally exploit the new discovery in Cyprus’ EEZ, including contributing to Europe’s efforts to strengthen its energy safety and in this context the new research drilling will be carried out.
Characteristics of good to excellent quality
Following the announcements of Eni Cyprus Limited and TotalEnergies EP Cyprus BV, the Cypriot Ministry of Energy announced that the “Cronos-1” exploratory drilling work has been successfully and safely completed, within Block 6 of the Exclusive Economic Zone of the Republic of Cyprus.
The drilling, which was carried out by the drilling ship “Tungsten Explorer” in a water depth of 2,287 meters, demonstrated the existence of a column of pure natural gas of 260 meters, as he notes.
“Based on the extensive analysis of the resulting data, the reservoir discovered has good to excellent quality characteristics and has, according to preliminary estimates, a total amount of natural gas of 2.5 trillion cubic feet (Tcf),” it adds.
Source: philenews.com
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
