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  • Qatar Petroleum and ExxonMobil make a significant gas discovery in Cyprus
    édité le 28/02/2019 - Plus de news de "Qatar Petroleum" - Voir la fiche entreprise de "Qatar Petroleum"


Qatar Petroleum and ExxonMobil make a significant gas discovery in Cyprus
Qatar Petroleum and ExxonMobil announced that they have made a significant natural gas discovery on the Glaucus-1 prospect, located in Block 10 in the Eastern Mediterranean, approximately 180 kilometers south west from Limassol port, offshore Cyprus.

The Glaucus-1 well encountered approximately 133 meters of gas-bearing reservoir. The well was safely drilled to a depth of approximately 4,200 meters in a water depth of 2,063 meters. Based on preliminary interpretation of well data, the discovery could represent an in-place resource of approximately 5 to 8 trillion cubic feet. Further analysis will be undertaken over the coming months to better determine this estimate.

Commenting on this discovery, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, President & CEO of Qatar Petroleum, said: “We are pleased to announce this discovery in Cyprus, which is the second in Qatar Petroleum’s international exploration portfolio. This achievement is an important milestone in our strategy to expand our international footprint.”

His Excellency Mr. Al-Kaabi added: “I would like to congratulate and thank our partner, ExxonMobil, for the outstanding performance that led to this important achievement.”

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 covers an area of 2,572 square kilometers, and is operated by ExxonMobil with a 60% working interest, alongside Qatar Petroleum with a 40% working interest.​

About Qatar Petroleum

Qatar Petroleum (QP) is a state-owned corporation established by Decree Law No. 10 in 1974. It is responsible for all phases of the oil and gas industry in the State of Qatar.
The principal activities of QP, its subsidiaries and joint ventures are the exploration, production, local and international sale of crude oil, natural gas and gas liquids, liquefied natural gas, refined products, synthetic fuels, petrochemicals, fuel additives, fertilizers, steel and aluminium.
The operations and activities of QP and its affiliates are conducted at various onshore locations, including Doha, Dukhan and the Mesaieed and Ras Laffan Industrial Cities, as well as offshore areas, including Halul Island, offshore production stations, drilling platforms and the North Field.

About ExxonMobil

ExxonMobil, the largest publicly traded international energy company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.


Origine : Communiqué Qatar Petroleum

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