Aphrodite is a conventional gas development located in ultra-deepwater in Cyprus and is operated by Noble Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Aphrodite was discovered in 2011, lies in block Block 12, with water depth of around 5,575 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2027. The Aphrodite conventional gas development will involve the drilling of approximately five wells.
Field participation details
The field is owned by Chevron, Delek Group and Shell.
Production from Aphrodite
Production from the Aphrodite conventional gas development project is expected to begin in 2027 and is forecast to peak in 2034, to approximately 1,640 bpd of crude oil and condensate and 800 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 588.42 Mmboe, comprised of 7.15 Mmbbl of crude oil & condensate and 3,487.62 bcf of natural gas reserves.
About Noble Energy
Noble Energy Inc (Noble) is an independent energy company that explores for and produces crude oil, natural gas, and natural gas liquids (NGLs). The company’s portfolio includes both US unconventional and global offshore conventional assets. Noble has operations in the Denver-Julesburg (DJ) Basin, Eagle Ford Shale, and Delaware Basin onshore US; offshore West Africa; and offshore Eastern Mediterranean. It also owns midstream assets which are used in the processing and transportation of its onshore production in the US. The company has regional exploration and production offices in Colorado; Texas; and Washington DC in the US; Israel, Cyprus, Equatorial Guinea, and Cameroon. Noble is headquartered in Houston, Texas, the US.
For more details on the Aphrodite Conventional Gas Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
