Dark
Light
#image_title

New natural gas reservoir Cronos 2 in Cyprus is of exceptional quality & exploitable

16 February, 2024

The drilling operations at Cronos-2 in Block 6 of Cyprus’s Exclusive Economic Zone have concluded successfully, as announced by the Cypriot Ministry of Energy, Commerce, and Industry. Conducted by the Italian-French consortium of Eni and Total, the drilling confirmed the presence of a natural gas column within a geological formation exceeding 115 meters, matching the characteristics of the existing Cronos reservoir. The drilling, located 160 kilometers off the coast of Cyprus and 3 kilometers from the Cronos-1 exploration well, also included a full production test (DST), revealing excellent gas quality and high production capacity estimated to exceed 150 mscfd (Million Standard Cubic Feet per Day). Cronos marks the third natural gas discovery in Block 6’s Cypriot EEZ, alongside Calypso (2018) and Zeus (2022). The Ministry of Energy and the consortium licensee are now exploring optimal exploitation methods, potentially supplying gas to the Eastern Mediterranean, Cyprus, and Europe. Eni and Total have both confirmed the successful completion of Cronos-2 operations.

Dark
Light

Latest News

Dont Try to Be Someone Else

Don’t try to be someone else: It’s OK to be yourself

— Lynyrd Skynyrd Three songs, two psychologists, and a philosopher

Internal chaos in Trump White House threatens future of AUKUS submarine deal

The AUKUS submarine deal is under renewed scrutiny amid reports
Peter Jasonides

Philological memorial ceremony honouring Peter Jasonides

The Australian Institute of Macedonian Studies (AIMS) will hold a