Cyprus: Eni sees potential for 150 million cubic feet a day from Cronos gas discovery

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A production test by Eni offshore Cyprus has allowed the company to estimate gas production capacity of over 150 million standard cubic feet per day, it said in a Feb. 15 update. The test was part of the Cronos-2 drill campaign, executed to appraise the Cronos gas discovery of August 2022 in block 6. 

“Together with an extensive data acquisition, Cronos-2 underwent a full and prolonged production test that proved the excellent gas deliverability capacity of the discovery,” Eni stated.

Cronos-2 was drilled to confirm the lateral extension of the Cronos discovery, located some 3 kilometers away, and to assess the reservoir characteristics by performing a production test. The well has encountered the same carbonate reservoir sequence as Cronos-1, confirming hydraulic communication and connected thick gas column with excellent permeability intervals.

Cronos-2 is the fourth well drilled by Eni in block 6, following the gas discoveries of Calypso in 2018 and of Cronos and Zeus in 2022

Eni and its block 6 partner TotalEnergies intend to move swiftly on the selection of an economically viable development solution to fast-track development of the discovery for supply to Europe.

Block 6 is operated by Eni holding 50% interest. Eni also operates blocks 2, 3, 8, and 9, and has participating interests in blocks 7 and 11 operated by TotalEnergies.

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