Glaucus Gas Field (Cyprus)

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Glaucus Gas Field is a discovered gas field in Cyprus.

Glaucus is a part of the Glaucus complex.

Glaucus Gas Field is also sometimes referred to as Glafcos.

Project Details

Main Data

Table 1: Field-level project details for Glaucus Gas Field

*Final Investment Decision
Unit name Status Operator Owner Discovery year FID* year Production start year
Glaucus Discovered[1] ExxonMobil[2] ExxonMobil (60.0%); Qatar Petroleum (40.0%)[3] 2019[4]

Production and Reserves

Table 2: Reserves of Glaucus Gas Field

million m³ = million cubic meters
Fuel Description Reserve Classification Quantity Units Data Year Source
gas in place reserves 184057.77 million m³ 2019 [2][5]
gas Resources 128840.44 million m³ 2021 [6]
gas recoverable resources 128840.44 million m³ 2019 [3]
gas Resources 99108.03 million m³ 2023 [7]
gas estimated reserves 99108.03 million m³ 2023 [7]

Location

Table 3: field-level location details for Glaucus Gas Field

Concession/Block Location Coordinates (WGS 84)
Block 10[8] Offshore, Cyprus[7] 33.4579, 31.7115 (exact)[7]

The map below shows the exact location of the field(s) within the Glaucus complex:

Loading map...

Background

The field was discovered in 2019.[9] ExxonMobil is planning to drill one more exploration well and an appraisal well at Glaucus, likely in 2021-2022. According to Cyprus Profile, the discovery of the Glaucus field could become a game changer. "ExxonMobil has repeatedly stated that should more discoveries be made, its preferred option is to build a gas liquefaction plant at Vassilikos for liquified natural gas exports (LNG) to Europe and Asia. This would require total gas discoveries to approach 15 tcf and global gas prices to justify commercial viability."[10]

Turkey contests Cyprus’s claim to offshore gas fields.[11] Turkey wants to redraw the map delineating the areas of sovereignty in the eastern Mediterranean, which it claims was drawn illegally and contrary to Turkish national interests.[12]

Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.

References

  1. https://web.archive.org/web/20230806112058/https://www.mees.com/2023/8/4/oil-gas/eni-eyes-zohr-ullage-for-cyprus-cronos-development/57bf99c0-32c3-11ee-a616-613010416243. Archived from the original on 06 August 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  2. 2.0 2.1 https://web.archive.org/web/20220707142956/https://www.offshore-energy.biz/exxon-makes-gas-discovery-at-glaucus-1-well-offshore-cyprus/. Archived from the original on 07 July 2022. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  3. 3.0 3.1 https://web.archive.org/web/20230315235014/http://www.reuters.com/article/us-exxon-mobil-cyprus/exxons-cyprus-gas-discovery-adds-another-giant-to-east-med-collection-idUSKCN1QH1O3. Archived from the original on 15 March 2023. {{cite web}}: Missing or empty |title= (help)
  4. https://web.archive.org/web/20230103135719/https://www.nsenergybusiness.com/projects/aphrodite-gas-field/. Archived from the original on 03 January 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  5. (PDF) https://web.archive.org/web/20230802004626/https://newmedenergy.com/wp-content/uploads/2023/03/NM_FS31122022ENG-1.pdf. Archived from the original (PDF) on 02 August 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  6. Andrew Latham (2021) Giant fields of the decade: 2010–2020 . Report.
  7. 7.0 7.1 7.2 7.3 https://web.archive.org/web/20230927180139/https://www.mees.com/2023/1/27/oil-gas/cyprus-gas-ambitions-from-dreams-to-reality-in-2023/f0154a20-9e43-11ed-b50a-fbcb54be70bc. Archived from the original on 27 September 2023. {{cite web}}: Missing or empty |title= (help)
  8. https://web.archive.org/web/20210626170941/https://www.greencarcongress.com/2019/03/20190301-xom.html. Archived from the original on 26 June 2021. {{cite web}}: Missing or empty |title= (help)
  9. "Aphrodite Gas Field, Eastern Mediterranean Sea, Cyprus". NS Energy. Retrieved 2021-02-03.{{cite web}}: CS1 maint: url-status (link)
  10. "Energy: Oil & Gas". Cyprus Profile. November 2020.{{cite web}}: CS1 maint: url-status (link)
  11. "Energy Cooperation and Security in the Eastern Mediterranean: A Seismic Shift towards Peace or Conflict?" (PDF). The S. Daniel Abraham Center for International and Regional Studies. February 2016.{{cite web}}: CS1 maint: url-status (link)
  12. "A Mediterranean Scramble: Unraveling the Turkish Fight for Natural Gas". The Fuse. August 26, 2020.{{cite web}}: CS1 maint: url-status (link)