Asset Report
Aphrodite
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Chevron operates the giant undeveloped Aphrodite gas field in the ultra-deep waters of Cyprus' East Mediterranean sector. The deposit was discovered in 2012 on Block 12, by the first exploration well drilled offshore Cyprus. It is located about 160 kilometres south of the Cypriot mainland.A final appraisal well was completed in 2023. Its success was a crucial milestone to derisk a future development.The Cypriot government approved the partners' third development plan in 2025. The ...
Table of contents
- Summary
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Key Issues
- Overview
- Key development metrics
- Alternative development options
- E&A costs
- Capital costs
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Operating costs
- Gas sales to Egypt
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2019 PSC amendment
- Profit sharing
- Corporate Income Tax
- Cash flow
- Gas price
- Global Economic Model (GEM) file
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Index mapAphrodite mapParticipation
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Reservoir qualityKey E&A well dataDiscovery summaryContingent Resources (2C) at 01/01/2026Sub-commercial fields
What's included
This report contains:
