Cyprus gears up for second offshore licensing round: Giant gas discoveries have spurred interest in this part of the Mediterranean Sea

摘要

Attracting exploration interest following a recent giant gas discovery in the country's offshore area, the Republic of Cyprus has opened its second offshore licensing round in 1Q 2012. The country is in an exploration hotspot with borders to major hydrocarbon producers Egypt and Israel. Huge gas discoveries have been found in the world-class Levantine basin, in particular Tamar (9 Tcf) and Leviathan (20 Tcf). The Aphrodite well was spudded by Noble Energy in Cyprus Block 12 in September 2011, and in December 2011, the results from the 5,860-m (19,227-ft) deep well were presented: high-quality multiple Miocene sand intervals, 94 m (308 ft) net pay, and a natural gas volume of 7 Tcf.