Eni Makes Gas Discovery off Cyprus

Italy’s Eni has announced a significant gas discovery at the Cronos-1 well off Cyprus.
The block is operated by Eni, with both End and Total Energies holding a 50% interest each.
Eni estimates around 2.5 TCF of gas in place, with significant additional upside possible with a further exploration well in the area.
Cronos-1 well is the fourth exploration well drilled by Eni off Cyprus and the second well in Block 6.
“The gas discovery of Cronos-1 can unlock additional potential in the area and is part of Eni’s successful effort to provide further gas supply to Europe,” End said in a release.

About Parvin Faghfouri Azar

Check Also

One of World’s Largest Semi-Sub Rigs Comes Back to UK Port ahead of Resuming Drilling Gig with BP

A giant semi-submersible rig, which is considered to be one of the largest ones ever …

Leave a Reply

Your email address will not be published. Required fields are marked *