Asset report

Cyprus Sinai Levant exploration basin

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Report summary

The potential of the Sinai – Levant Basin became apparent following the 2009 discovery and subsequent appraisal of the giant Tamar gas field in Israel. The field was discovered in the deepwater Oligo-Miocene play that extends into Cypriot acreage. The extension was proved at the end of 2011, with the giant Aphrodite discovery. Realising an export route to market remains a key challenge for Aphrodite and for any future potential discoveries.

What's included

This report contains

  • Document

    Cyprus Sinai -

    ZIP 1.76 MB

  • Document

    Cyprus Sinai Levant exploration basin

    PDF 3.72 MB

  • Document

    Cyprus Sinai Levant exploration basin

    ZIP 5.41 MB

Table of contents

Tables and charts

This report includes 28 images and tables including:


  • Value creation versus investment (TYP period)
  • Value creation versus investment (outlook)
  • Exploration wells by play
  • Licensed exploration acreage
  • Expiry forecast of current licences
  • Commerciality index:
  • Drilling activity by well type
  • Discoveries and success rates
  • Exploration and appraisal spend
  • Exploration spend per well and average well depth
  • TYP value creation, spend and volumes discovered
  • Outlook value creation, spend and prospective resources
  • Oligo-Miocene Deepwater
  • Unit value of potential discoveries
  • Unit value of potential discoveries


  • Play level data
  • Key facts: Table 2
  • Price assumptions
  • Geology: Table 1
  • All discoveries (TYP period)
  • Forecast data by Play (outlook)
  • Oligo-Miocene Deepwater
  • Costs: Table 1
  • Full-cycle economic analysis
  • Oligo-Miocene Deepwater
  • Fiscal and regulatory: Table 1
  • Oligo-Miocene Deepwater
  • Reserves and resources: Table 3

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