The first production test on Thursday of the natural gas in block 12 of Cyprus’ Exclusive Economic Zone was marked as a “symbolic” day in the island’s history.
“The drill stem test will test the pressure and quality of block 12. The results should be ready by the month’s end or early in October,” Energy Minister George Lakkotrypis said.
“It is a symbolic day, it is the first time that Cyprus will have its own gas,” he added.
According to the details of the stem test, the cost will run to approximately $64m.
The procedure is conducted by the partners in block 12 or ‘Aphrodite’ - that is, Houston-based Noble Energy and Israeli Delek Drilling and Anver.
The test aims to determine the pressure, quality and productive capacity of a geological formation during the drilling of a well. Analysing the results in Houston will be a highly technical procedure.
An early indication, according to the experts involved, will be the flame at the top of the well – blue, hopefully; dark blue, even better. The flame was not made visible yesterday.
The possibility of a second confirmatory drilling at a later stage is open, as it depends on the results of the stem test.
During the test the production rate is expected to reach 60 million cubic feet of gas a day.
Noble’s exploratory drilling in 2011 discovered an estimated resource of 5 trillion cubic feet (tcf) to 8 tcf, with a mean of 7 tcf.
In June, Nicosia signed with Noble and Delek and Avner a Memorandum of Understanding (MoU) on the construction of a Liquefied Natural Gas (LNG) terminal at Vasilikos, Limassol.