Energean Oil and Gas reveals start of well drilling campaign offshore Israel - PROACTIVE INVESTORS

04 Mar 2019 : 09:04 

Energean Oil and Gas PLC (LSE:ENOG) has started development drilling operations in its 2019 Israel well campaign, which will comprise at least four wells, but, could increase to as many as ten.

It initially has a programme of four wells at the Karish North project, which will see the ‘batch drilling’ of their top-sections, enabling significant operational efficiencies and cost savings.

The wells will be drilled by the contracted Stena DrillMAX drillship, which can operate in deep waters (up to 10,000 feet deep).

Energean last month told investors that it planned to target some 2.3 trillion cubic feet of potential gas resources through the 2019 drill programmes.

First gas is targeted in the first quarter of 2021.

ExxonMobil Makes Natural Gas Discovery Offshore Cyprus - EXXONMOBIL

Feb 28, 2019 - 07:15 a.m. EST

Irving Texas

• Glaucus-1 well encounters a gas-bearing reservoir of approximately 436 feet (133 meters)
• Well is located in offshore Block 10 southwest of Cyprus in the Eastern Mediterranean
• Further evaluation of Block 10 potential continues

IRVING, Texas--(BUSINESS WIRE)--ExxonMobil today said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well.

The well, located in Block 10, encountered a gas-bearing reservoir of approximately 436 feet (133 meters). The well was safely drilled to 13,780 feet (4,200 meters) depth in 6,769 feet (2,063 meters) of water.

Based on preliminary interpretation of the well data, the discovery could represent an in-place natural gas resource of approximately 5 trillion to 8 trillion cubic feet (142 billion to 227 billion cubic meters). Further analysis in the coming months will be required to better determine the resource potential.

“These are encouraging results in a frontier exploration area,” said Steve Greenlee, president of ExxonMobil Exploration Company. “The potential for this newly discovered resource to serve as an energy source for regional and global markets will be evaluated further.”

Glaucus-1 was the second of a two-well drilling program in Block 10. The first well, Delphyne-1, did not encounter commercial quantities of hydrocarbons.

Block 10 is 635,554 acres (2,572 square kilometers). ExxonMobil Exploration and Production Cyprus (Offshore) Limited is operator and holds 60 percent interest in the block. Qatar Petroleum International Upstream O.P.C. holds 40 percent interest.

Exxon reportedly discovers oil in Cyprus Block 10 - KATHIMERINI / KNEWS

07 FEBRUARY 2019 - 10:15

Apostolis Tomaras

A sufficiently large and commercially viable oil reservoir has been reportedly discovered in Cyprus's Block 10 Glaucus target, according to Kathimerini sources.

Official results from Exxonmobil are not expected until the end of next week. The information comes from sources with knowledge of the matter.

The news of the discovery comes following uncertain indications regarding natural gas deposits in an earlier exploratory drilling at Delphini target, also in Block 10.

A sufficiently large and commercially viable oil reservoir has been discovered in Cyprus's Block 10

According to 'technocratic sources', Kathimerini has learned that the geological formations of the Glaucus target are limestone sedimentary rocks. To confirm that oil has been found, it would mean, according to the same sources, that the Exxonmobil drill has reached about 6 km deep.

First stage of ‘Onisiforos’ drilling completed - IN CYPRUS /CYPRUS WEEKLY

July 26, 2017

Drilling offshore Cyprus’ plot 11 or ‘Onisiforos’ by energy giants TOTAL and ENI with the West Capella rig has reached the first 2,430 meters in ocean floor depth, Phileleftheros reported on Wednesday.

And this means that the first of eight overall stages of scheduled drilling – which began a week ago – is now complete.

“At this level, the drilling operation is effectively interrupted for a while so as to ‘cement’ the drilling, that is to install a cement protective sleeve,” the daily also said.

“In addition, the first leakage prevention system is also installed and this process is expected to continue until the end of this week,” it added.

Total To Drill For Gas Off Cyprus Despite Collapse Of Peace Talks - REUTERS

Wednesday, July 12, 2017

Reporting By Michele Kambas; Editing by Greg Mahlich

NICOSIA, July 12 (Reuters) - The 'West Capella' drilling vessel contracted by France's Total and Italy's ENI moved into position to start exploring for gas off Cyprus on Wednesday, the island's energy ministry said.

The drilling work, which is a contractual obligation between Total and Cyprus, comes days after the acrimonious collapse of talks to reunify the divided island nation, split between ethnic Greek and Turkish Cypriots.

Turkey, which invaded Cyprus's north in 1974 in response to a brief Greek inspired coup, says the island's internationally recognised government has no jurisdiction to explore for hydrocarbons.

Total: Drillship “West Capella” arrives in Cyprus on July 12 ahead of Block 11 drilling - FAMAGUSTA GAZETTE

Monday, 03 July, 2017

Preparations for drilling in Block 11 of the Cyprus Exclusive Economic Zone procced normally and are progressing according to the plan, told CNA General Manager of Total E&P Cyprus Yves Grosjean.

The drilling by French Total in consortium with Italian Eni which acquire last March 50% participating Interest of Block 11 was expected by mid July.

"We are on schedule”, said Grosjean and added that the drillship "West Capella” is on its way and will arrive in Cyprus on 12th of July. After arriving in Cyprus, he added, the drillship will carry out some testing, before starting the drilling at "Onisiforos” well. The tests are expected to last a few days and less than a week.

Eni discovers gas, condensate offshore Libya - WORLD OIL

4/5/2017

SAN DONATO MILANESE, Milan -- Eni has made a new discovery of gas and condensates offshore Libya in the ‘Gamma Prospect‘, in the Contract Area D, 140 km offshore from Tripoli, in Libya. The discovery, made through the well B1 16/3, is located 15 km south west of the Bouri field and 5 km north of the Bahr Essalam field. The drilling of the Gamma prospect is part of the “near-field” exploration strategy of Eni, targeting opportunities, that in case of success can exploit synergies with existing infrastructures reducing the time to market and providing additional gas to the local market and export.

The well, drilled in 150 m of water depth, reached a total depth of 2,981 m and encountered gas and condensates in the Metlaoui Group of Eocene age. The well has the capacity to deliver, in production configuration, in ecxess of 7,000 boepd and represents a further discovery made by Eni in Libyan offshore Area D, following the discoveries made in 2015.

Spud of New Exploration Well – Offshore, Libya - NATIONAL OIL CORP. LIBYA

07.1.2017, NOC Libya

On the 4th of January 2017, Eni North Africa (Eni-NA) has spud its exploration well B1-16/3 in Contract Area “D” (NC41), offshore Libya. The Area was granted to Eni-NA under EPSA IV contract model signed between the company and Libya National Oil Corporation (NOC) in 12 of June 2008.

The Exploration well will be drilled in a water depth of 518 feet (156 meter) and it is located about 140 kilometer North - West of Tripoli and 5 Kilometer North of Bahr Essalam Gas Field. The estimated total depth of this well is ( 9865 feet). The main objective of this well is to test the Metlaoui group reservoir and the drilling is expected to be completed in 64 days from the spud date.