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 Block 10 project is currently still at an early stage, with the first appraisal well for Glaucus completed in 2022. Cypriot authorities confirmed the presence of a high-quality gas reservoir but ...
Table of contents
- Summary
- Key Issues
- Block 5
- Block 10
- Alternative development options
-
Capital costs
- Royalty
- Cost recovery
- Profit sharing
- Corporate Income Tax
- Gas price
- Global Economic Model (GEM) file
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
-
Index mapGlaucus mapParticipation
-
Hydrocarbon and reservoir qualityKey E&A well dataDiscovery summaryContingent Resources (2C) at 01/01/2026Sub-commercial fields
What's included
This report contains:
Other reports you may be interested in
Asset Report
Block 10 (Villano)
Block 10 (Villano) is located in a very environmentally-sensitive area and therefore significant effort has been taken to minimise the ...
$3,720
Asset Report
Vermilion Energy Croatia fields
Vermilion Energy, a Canadian firm, entered Croatia in 2015 following the acquisition of four exploration licenses. It owns the Berak ...
$3,720
Asset Report
Juma-Bashikurd (Totimaidan block)
The large Totimaidan block contains the undeveloped Juma and Bashikurd sour gas fields and significant exploration acreage, extending ...
$3,720
