Paphos People

talian multinational oil and gas company Eni announced on Monday that it has made a significant gas discovery in the Cronos-1 well, located about 160 kilometres off the coast of Cyprus in block 6.

Block 6 is operated by Eni Cyprus holding 50 per cent stake, with TotalEnergies as a partner.

Preliminary estimates indicate about 2.5 trillion cubic feet (TCF) of gas in place, with significant additional upside that will be investigated by a further exploration well in the area.

The Cronos-1 well is the fourth exploration well drilled by Eni Cyprus and the second in Block 6, following the Calypso-1 gas discovery in 2018.

“The discovery of Cronos-1 creates the conditions to lead to the development of further potential volumes of gas in the region and represents one of the actions achieved by Eni in support of the supply of additional gas to Europe,” Eni said in a statement.

Eni has been operating in Cyprus since 2013. The company operates blocks 2, 3, 6, 8 and 9, and holds stakes in blocks 7 and 11 operated by TotalEnergies.

In a separate statement on Monday, TotalEnergies also said that the drilling of another exploration well on Block 6 has been planned.

“This successful exploration well at Cronos-1 is another illustration of the impact of our exploration strategy which is focused on discovering resources with low technical cost and low carbon emissions,” said Kevin McLachlan, senior vice president, exploration at TotalEnergies.

During the cabinet meeting that took place at the presidential residence in Troodos on Monday, Energy Minister Natasa Pilides said the Tungsten Explorer drillship in Block 6 operated at a depth of 2,287 metres, revealing the presence of a 260-metre column of pure natural gas, “with good to excellent quality characteristics”.

“Moreover, a new well is being drilled in Block 6, called Zeus-1, where additional quantities of gas may be discovered and add value to this discovery,” Pilides said.

More:- https://cyprus-mail.com/2022/08/22/sign ... s-block-6/

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Dave
Moira And Dave

“I know that you believe you understand what you think I said, but I'm not sure you realize that what you heard is not what I meant.”

But as we know the green hoax of climate change and the prostituting of poor Greta and her pals all over the media mean that we will not benefit form this find. Gas wont be permitted to be used so whats the point.

Ah wait a minute. Yes screw the hoax of climate emergency as it is now called and try to get back to normal.

Bring the gas ashore, use it, share it with sympathetic nations and put a block on the link to the EU zone with a regular pigging to Brussels.

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Straight talking, no Gimmicks.

Live your dreams.