Cyprus gas probe positive news, despite being non commercial

Cyprus' Ministry of Energy, Commerce, Industry and Tourism has said Total's Onesiphoros West 1 exploration well offshore Cyprus had gas shows in a carbonate reservoir but not in commercial quantities.

Despite being non-commercial, the government said the discovery was "highly positive, since it confirms the existence of a petroleum system and a carbonate reservoir within the Cypriot Exclusive Economic Zone, similar to this Egyptian Zohr deposit". 

The well was drilled in Block 11 using the West Capella drillship. 

 

Current News

Halliburton Beats Profit Estimates

Halliburton Beats Profit Estim

U.S. Installed Offshore Wind Capacity Jumps in First Quarter

U.S. Installed Offshore Wind C

Subsea Vessel Market is Full Steam Ahead

Subsea Vessel Market is Full S

One-on-One: Rob Langford, VP, Global Offshore Wind, ABS

One-on-One: Rob Langford, VP,

Subscribe for OE Digital E‑News

Offshore Engineer Magazine