Middle East Economic Survey

VOL. LIV

No 47

21-Nov-2011

cyprus

Noble Assesses East Mediterranean Prospects, Puts Aphrodite At 3-9 TCF

Houston-based Noble Energy on 15 November stated that its Cyprus A prospect in Block 12 offshore Cyprus holds a “gross mean resource range of 3-9 tcf and a 60% probability of geologic success.” Noble started drilling in what is also known as the Aphrodite structure in Block 12 on 20 September using the Homer Ferrington semisubmersible rig. The...