Successful drilling test at Cronos gas discovery offshore Cyprus

Eni and TotalEnergies have announced the successful completion of the drilling and production test of the Cronos-2 appraisal well, in Block 6, offshore Cyprus.

Located at approximately 160 km southwest of the Cyprus coast, Cronos-2 encountered several carbonate reservoir intervals with a net reservoir thickness of 115 meters, the companies said in a statement.

Cronos-2 was drilled to confirm the lateral extension of the Cronos gas discovery (with Cronos 1 exploration well), located some 3 km away, and to assess the reservoir characteristics by performing a production test.

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 said that it was progressing with the studies to select the best fast-track development option.

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.

“The successful appraisal of the Cronos gas discovery confirms the presence of significant resources and production potential in Block 6. Full evaluation of the discovered resources will now be carried out to determine the best development option to contribute to supply gas to Europe and to the region,” said Julien Pouget, Senior Vice President Middle East & North Africa, Exploration & Production at TotalEnergies.

TotalEnergies holds a 50% interest in Block 6, alongside with Eni (50%, operator).