ENI announces “promising” gas discovery in Cyprus’ Block 6

Italian oil and gas giant ENI has announced a promising gas discovery in Cyprus’ Block 6, noting that the discovery confirms the extension of the Zohr like plain in Cyprus’ Exclusive Economic Zone (EEZ).

Eni has made a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW, it says in a press release issued in Milan and published on its official website.

The well, it adds, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age.

According to ENI the Cretaceous sequence has excellent reservoir characteristics.

At the same time, it points out that an intensive and detailed data collection (fluids and rock samples) has been executed on the well. Calypso 1 is a promising gas discovery and confirms the extension of the Zohr like play in the Cyprus Exclusive Economic Zone.

It adds that additional studies will be carried out to assess the range of the gas volumes in place and define further exploration and appraisal operations.

ENI is the Operator of Block 6 with 50% of participation interest while Total is partner with the remaining 50%, the press release says.

ENI has been present in Cyprus since 2013 and detains interests in six licenses located in the EEZ of Cyprus (in Blocks 2, 3, 6, 8, 9 and 11), five of which are operated.

Source: Cyprus News Agency