Technical illustration of the Zeus gas field geology and development status

Zeus

Discovered

Discovered in 2022 by Eni

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Resource figure
2–3 tcf
Preliminary Reported by Eni, under appraisal
Discovered 2022 by Eni
Water depth 2,300 metres of water above the seabed
Announced at discovery, not independently audited, and still subject to appraisal drilling.

A 2C contingent resource, a gas-in-place figure and a two-field hub estimate measure different things and are never summed here. What each category means →

Overview

Discovery announced in December 2022, ~5 km west of Cronos-1: 105 m of net gas pay in carbonates, 2–3 tcf gas in place (official 2022 estimate ~2.5 tcf). No further appraisal since; a candidate for a second-phase Block 6 development cluster with Calypso once Cronos is onstream.

Development Status

Discovered

Initial discovery confirmed through exploration drilling.

Discovered
Appraised
In Development
Producing

Ownership

Project Timeline

Dec 2022
Discovery with the Zeus-1 well in Block 6
2023–2026
Under appraisal; a candidate for tie-in to the Cronos development

Wells

Consortium

Other Discoveries in Block 6