Cyprus-Forum.com

[bill cobbett]

Noble Energy are saying that gas from Aphrodite could be piped to CY for the domestic market as early as 2016 through the use of a modified rig.

http://www.foxnews.com/world/2013/10/15 ... s-by-2016/

[Demonax]

Also interesting comments about the quality of Aphrodite reserves and prospects in the rest of the field:

Regarding the recent downsizing of the estimated size of Block 12’s Aphrodite field, Elliott remained upbeat about the quality of the reservoir and the prospects of finding other fields within the block.

When starting exploratory work offshore Israel 15 years ago, Noble drilled a number of dry holes before confirming significant gas finds.

“In Cyprus, we drilled one exploration well, we had one exploration success,” said Elliot.

And with one appraisal well, a significant gas field was confirmed.

“This is a very high quality reservoir,” he said, adding that the deliverability of the well is “significant and very much on par with what we see in our high-rate wells in other parts of the world.”

He added: “For us, it’s early days but we’re very excited about where we are in this country and the potential for hydrocarbon resources in offshore Cyprus.”...

Noble is currently analyzing the data from a 3D seismic survey over 1,100 square miles (2,849 sq km) in Block 12 which has given the company reason to be “very intrigued” and “excited” about other prospects in the block.

The data appears to suggest there are six more potential hydrocarbon fields, smaller than the Aphrodite find, in Block 12.
The Noble official said the Houston-based company expects to pursue exploration drilling in the latter part of 2014.

While not in a place to say what potential those half dozen potential deposits have, Elliot said the prospects were “significant”.

http://cyprus-mail.com/2013/10/15/noble ... tyPhoto/0/