Confirmation drilling to start in Q3
NOBLE Energy is due to start confirmation drilling for hydrocarbons in Block 12 in Cyprus’ exclusive economic zone between July and September this year, commerce minister Giorgos Lakkotrypis said yesterday.
“The confirmation drilling is expected to take place in the third quarter of 2013,” Lakkotrypis said.
Lakkotrypis added that in addition to the confirmation drilling, Noble was due to start a second exploratory drilling also between July and September, to look for a potential second gas field in Block 12.
Block 12 holds an estimated gross mean of 7 trillion cubic feet of gas, but a second drilling is necessary to confirm the size of gas reserves.Read More