Epsilon is a producing conventional oil field located in shallow water in Greece and is operated by Energean. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ioannina and Prinos Development Area, with water depth of 98 feet. Buy the profile here.

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Field participation details

The field is owned by Energean.

Production from Epsilon

The Epsilon conventional oil field recovered 19.38% of its total recoverable reserves, with peak production in 2022. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057. The field currently accounts for approximately 81% of the country’s daily output.

About Energean

Energean PLC (Energean) is an oil and gas company that explores and produces crude oil and natural gas. The company carries out the exploration, development, and production of oil and gas. Energean's projects include the Karish and Tanin blocks in Israel; Prinos, Ioannina, South Kavala and Katakolo in Greece; Abu Qir field in Egypt and Izabela in Croatia. Its gas platform includes an onshore plant with storage, offshore loading, and power generation facilities. The company operates its offices in Greece, Italy, Cyprus, Croatia, Israel, the UK, Montenegro and Egypt. Energean is headquartered in London, England, the UK.

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This content was updated on 6 November 2024

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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.