The Cronos-2 appraisal well confirmed the lateral extension of the Cronos-1 discovery from 2022 offshore Cyprus, TotalEnergies said on Feb. 15.
The Cronos-2 well, in Eni-operated deepwater Block 6, encountered several carbonate reservoir intervals with a net reservoir thickness of 115 meters. Eni and TotalEnergies each own a 50% interest in the block.
The production test confirmed an excellent gas deliverability of the well, TotalEnergies said.
“The successful appraisal of the Cronos gas discovery confirms the presence of significant resources and production potential in Block 6,” Julien Pouget, senior vice president for Middle East & North Africa exploration and production at TotalEnergies, said in a press release. “Full evaluation of the discovered resources will now be carried out to determine the best development option to contribute to supply gas to Europe and to the region.”
In addition to the Cronos-1 discovery in more than 2,200 m water depth in 2022, other Block 6 discoveries include Zeus-1 in 2022 and Calypso-1 in 2018.
Recommended Reading
JMR Services, A-Plus P&A to Merge Companies
2024-03-05 - The combined organization will operate under JMR Services and aims to become the largest pure-play plug and abandonment company in the nation.
New Fortress Energy Sells Two Power Plants to Puerto Rico
2024-03-18 - New Fortress Energy sold two power plants to the Puerto Rico Electric Power Authority to provide cleaner and lower cost energy to the island.
Tellurian Executive Chairman ‘Encouraged’ by Progress
2024-03-18 - Tellurian announced new personnel assignments as the company continues to recover from a turbulent 2023.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Enerflex Appoints Thomas B. Tyree to Board
2024-03-12 - Tyree currently serves on Antero Resources’ board and recently served as chairman of Northwoods Energy LLC in 2023.