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‘Significant’ gas discovery in Cyprus’ block 6

August 22, 2022

Italian multinational oil and gas company Eni announced on Monday that it has made a significant gas discovery in the Cronos-1 well, located about 160 kilometres off the coast of Cyprus in block 6.

Block 6 is operated by Eni Cyprus holding 50 per cent stake, with Total Energies as a partner.

Preliminary estimates indicate about 2.5 trillion cubic feet (TCF) of gas in place, with significant additional upside that will be investigated by a further exploration well in the area.

The Cronos-1 well is the fourth exploration well drilled by Eni Cyprus and the second in Block 6, following the Calypso-1 gas discovery in 2018.

 

Continue reading at source: cyprus-mail