ATHENS, Greece — The Stena IceMax drillship has spud the Hercules exploration well in Block 23 offshore Israel. Operator Energean is targeting 8 Bcm to 12 Bcm of gas from the Miocene prospect.
Energean now appears to have resource volumes in the Olympus area of 25 Bcm, with a further 42 Bcm de-risked.
Hermes, in Block 31, has helped de-risk the nearby Poseidon and Orpheus structures.
In the Gulf of Suez offshore Egypt, the company’s NEA#6 development well should complete drilling in first-quarter 2023, with first gas anticipated in first-half 2023.
Offshore Sicily, the Cassiopea development, operated by Eni, remains on track for first gas in first-half 2024, Energean added.