Asset Report
Block 10 fields (Glaucus)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
ExxonMobil operates the giant undeveloped Glaucus (also known as Glafcos) and Pegasus gas fields in the ultra-deep waters of Cyprus' East Mediterranean sector. The deposits were discovered on Block 10 in 2019 and 2025, respectively. They are located about 150 kilometres south of the Cypriot mainland.The Glaucus project is currently still at an early stage, with the first appraisal well completed in 2022. Cypriot authorities confirmed the presence of a high-quality gas reservoir but ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
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Block 10 (Glaucus)
- PSC
- Contract term
-
Block 5
- PSC
- Türkiye's unrecognised territorial claim
-
Block 10 (Glaucus)
- Geology
- Well data
-
Exploration
- Block 10
- Block 5
- Reserves and resources
- Production
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Development
- Key development metrics
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Alternative development options
- Floating LNG in Cypriot waters
- Onshore LNG in Cyprus
- EastMed pipeline to Europe
- Infrastructure
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Costs
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Capital costs
- Development costs
- Decommissioning costs
- Operating costs
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Capital costs
- 3 more item(s)...
Tables and charts
This report includes the following images and tables:
- Key facts: Table 1
- Index map
- Glaucus map
- Geology: Table 1
- Well data: Table 1
- Exploration: Table 1
- Reserves and resources: Table 1
- Economic analysis: Table 1
- Participation: Table 1
- Fiscal and regulatory: Table 1
What's included
This report contains:
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