Asset Report
Block 6 fields
Report summary
Eni, in partnership with TotalEnergies, operates several giant undeveloped gas fields on Block 6 in the ultra-deep waters of Cyprus' East Mediterranean sector. There have been three discoveries on the block to date: Calypso in 2018, and Cronos and Zeus in 2022.Total gas in place across the three discoveries is estimated at 8.5 tcf. After the first Cronos appraisal well confirmed excellent well deliverability in 2024, the partners will now prioritise selecting a suitable fast-track ...
Table of contents
- Key facts
-
Summary and key issues
- Summary
- Key issues
- Location maps
-
Participation
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PSC
- Contract term
- Türkiye (Turkey)'s unrecognised territorial claim
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Field unitisation
- Calypso
-
PSC
-
Geology
- Overview
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Reservoirs
- Calypso
- Cronos
- Zeus
- Gas quality
- Well data
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Exploration
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Discoveries
- Calypso
- Cronos and Zeus
- Appraisal
-
Discoveries
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Reserves and resources
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Reported data
- In place volumes
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Modelling
- Commercial status
- Methodology
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Reported data
- Production
-
Development
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Cronos, Zeus and Calypso
- Overview
- Key development metrics
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Alternative development options
- Floating LNG (FLNG) vessel in Cypriot waters
- Onshore LNG in Cyprus
- EastMed pipeline to Europe
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Cronos, Zeus and Calypso
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Costs
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Capital costs
- Development costs
- Decommissioning costs
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Operating costs
- Field costs
- Tie-in costs
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Capital costs
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Fiscal and regulatory
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PSC
- Royalty
- Cost recovery
- Profit sharing
- Corporate Income Tax
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PSC
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
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Gas price
- LNG price benchmarks
- Global Economic Model (GEM) files
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Economic analysis
- Indicative technical valuations
Tables and charts
This report includes 10 images and tables including:
- Key facts: Table 1
- Index map
- Block 6 fields map
- Well data: Table 1
- Exploration: Table 1
- Geology: Table 1
- Economic analysis: Table 1
- Participation: Table 1
- Reserves and resources: Table 1
- Fiscal and regulatory: Table 1
What's included
This report contains:
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