Monday, August 31, 2015

Cyprus Link to ENI Zohr Discovery | Petroleum Geo-Services (PGS)

Cyprus Link to ENI Zohr Discovery

31 Aug 2015

The hydrocarbon bearing intervals of the recent ENI Zohr discovery on Egypt’s Mediterranean Shorouk license probably extend into neighboring Cyprus.



On 30 August, ENI announced the largest gas discovery in the Mediterranean on its Zohr Prospect offshore Egypt. An estimated potential of 30 trillion cubic feet of lean gas is reported to be in place, with a  target interval in sub-salt Miocene carbonates, and a possible additional play in the deeper Cretaceous sequence.
Zohr lies just a few kilometers south of the Cypriot border, raising the possibility that the hydrocarbon bearing intervals extend into the Cypriot Block 11 license.
The PGS 3D MultiClient survey CYP2013 covers most of Cyprus Block 11, including the area adjacent to the border with Egypt.
CYP2013 images the same gas bearing intervals that are present in the Zohr prospect, and the data indicates structural closures in the relevant intervals on the Cypriot side of the border. Other prospective reservoir intervals on this dataset are analogous to Levantine Basin discoveries (Aphrodite, Leviathan, Tamar).
The CYP2013 data is available for licensing from PGS. Contact us if you would like to explore Cyprus.

The giant Zohr discovery is located close to the Egypt-Cyprus border raising the possibility that the hydrocarbon bearing intervals extend into the Cypriot Block 11 license.

Source: http://www.pgs.com/Pressroom/News/Cyprus-Link-to-ENI-Zohr-Discovery/