Eni has discovered a reservoir of natural gas under the seabed off Cyprus, thanks to the Cronos-1 exploration well in Block 6, operated by Eni Cyprus with a 50% stake. TotalEnergies is Eni’s partner in the project and holds the remaining 50% stake. The discovery paves the way for the development of new gas resources in the Mediterranean region and is part of Eni's successful efforts to support the supply of additional energy to Europe. Preliminary estimates indicate approximately 2.5 TCF of gas in place, or about 70 billion cubic metres, with significant further potential that will be investigated by drilling an additional exploration well.
This success was made possible by cutting-edge technology
The discovery of large quantities of gas offshore Cyprus confirms the effectiveness of Eni's exploration strategy, which is based on in-depth knowledge of geological basins and the application of proprietary geophysical technologies, in particular in the field of seismic imaging using the large computing power of the HPC5 supercomputer. The intensive campaign to collect experimental data on the mined material has already shown an overall useful thickness of over 260 metres, with intervals characterised by excellent permeability. Engineering studies for a fast-track development of the project are already under way.
Thanks to HPC5, our researchers are learning even more about the subsoil.Find out more
The importance of natural gas in Eni's energy mix
Gas is crucial for energy supply and source diversification. In line with our decarbonisation strategy, its GHG emissions will be progressively reduced.
Natural gas is important for the security of energy supplies and its Green House Gas emissions will be progressively reduced.
The figures of the discovery offshore Cyprus
of gas estimated to be in place
distance of the well from the coast
under water depth of well
total useful thickness