As a result, it is anticipated to bring benefits in terms of national energy independence, significant revenues for the state and material environmental improvements. Situated 160 kilometers south of Limassol and 30 kilometers northwest of Leviathan, the field lies in an area where sea depth is 1,700 meters.
While Aphrodite was discovered by the A-1 well in September 2011, the A-2 appraisal well, drilled in 2013, confirmed approximately 98 billion cubic meters (bcm) of contingent resource with a potential for an additional 26 bcm of prospective resources.
Currently, the partners in the reservoir, encompassing the government of Cyprus, the Cyprus Hydrocarbons Company (CHC), the government of Egypt, and the Egyptian Natural Gas Holding Company (EGAS), are continuing to negotiate the export of natural gas from the reservoir to Egypt, with the aim of executing binding agreements.
Aphrodite’s revised development and production plan envisions the production and processing of natural gas from the field through four production wells connected to a floating production unit (FPU) positioned over the field, with a nominal maximum production capacity of around 800 million cubic feet per day.