ExxonMobil Strikes Gas Off Cyprus

Journal of Petroleum Technology 

The Cyprus energy ministry confirmed a reservoir of high-quality gas was encountered by the ExxonMobil-led Glaucus-2 appraisal well. The drilling of the well was conducted in the area known as Block 10 in the Exclusive Economic Zone (EEZ) that has been challenged by Turkey. The ministry said that operations in the EEZ included production testing. "The consortium will proceed with a detailed analysis and evaluation of the data collected to more accurately determine the qualitative and quantitative characteristics of the reservoir, as well as potential development and commercialization of the discoveries," the ministry said in a statement. Cyprus previously estimated gas resources in the reservoir of between 5 and 8 Tcf when the discovery from the Glaucus-1 well was announced in 2019.

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