Aphrodite is a conventional gas development located in ultra-deepwater in Cyprus and is operated by Chevron Cyprus. 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.
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The project is currently in approval stage and is expected to start commercial production in 2027. Final investment decision (FID) of the project will be approved in 2024. The development cost is expected to be $6,496 m. 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 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.
About Chevron Cyprus
Chevron Cyprus Ltd (Chevron) is a supplier of gasoline and petroleum products. Chevron is headquartered in Nicosia, Cyprus.
For more details on the Aphrodite Conventional Gas Field, buy the profile here.
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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.
