Operations

  • Israel
  • Greece
  • Egypt
  • Montenegro

Karish

Israel

Karish

Activities: Development/Exploration

Energean Israel, is the Operator of the Karish and Tanin leases, offshore Israel, having a 100% working interest. The Karish and Tanin fields are world class assets with 2,2 TCF of natural gas and 31.8 million barrels of light hydrocarbons liquids 2P reserves. The Karish Main Development envisages drilling three wells, using a new Floating Production Storage and Offloading (FPSO) unit that will be installed approximately 90 km away from shore, with 800 mmscf/day capacity. First gas is expected in 2021.

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Tanin

Israel

Tanin

Activities: Development

The Tanin Development will follow the development of Karish and envisages drilling six wells, connected to the same FPSO that will serve Karish.

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Blocks 12,21,22,23 & 31

Israel

Blocks 12,21,22,23 & 31

Activities: Exploration

In December 2017 Energean was successfully awarded five offshore exploration licenses within the Israeli Exclusive Economic Zone (EEZ). The licenses awarded comprise blocks 12, 21, 22, 23 and 31, and are located near the currently producing Tamar gas field and the Karish and Tanin gas fields which are currently moving towards development by Energean.

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Karish North

Israel

Karish North

Activities: Exploration

Energean has planned to drill an exploration well in the Karish North prospect, offshore Israel, with a planned spud date before end-March 2019, subject to necessary approvals.

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Prinos

Greece

Prinos

Activities: Production, Development, Exploration

The Prinos Oil Field is the main structure in the Prinos-Kavala basin, located offshore in the Gulf of Kavala. It covers an area of 6 km2, about 8 km north-west of the Island of Thassos and 18 km south of the mainland Northern Greece , in water 31 metres deep.

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Prinos North

Greece

Prinos North

Activities: Production Development

The Prinos North Oil Field is one of the satellite fields within the Prinos-Kavala Basin. It is located approximately 3 km north of the Prinos Oil Field and about 18 km south-west of the mainland of Eastern Macedonia, Northern Greece, where the water depth is 38 metres.

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Epsilon

Greece

Epsilon

Activities: Development

The Epsilon Oil Field has independently audited 18.4 mmbbls 2P oil reserves and 2.8 Bcf 2P gas reserves.

Epsilon

South Kavala

Greece

South Kavala

Activities: Production

In November 2015, Energean was awarded a 3-year (2+1) extension to the duration of the South Kavala licence, from where gas is produced since 1981.

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Katakolo

Greece

Katakolo

Activities: Development

In November 2016, Energean and the Greek Ministry of Energy agreed the conversion of the exploration license for the proven West Katakolo offshore field to a 25-year exploitation license. The West Katakolo Exploitation Area is part of the Katakolo Concession and covers a 60 km2 area with 10,5 mmbls 2P reserves audited independently.

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Ioannina

Greece

Ioannina

Activities: Exploration

On March 31 2017, Energean agreed to farm-out to Repsol a 60% working interest in the Ioannina block, Western Greece. Repsol has become the Operator and a 2D seismic survey over the block is now in progress.

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Aitoloakarnania

Greece

Aitoloakarnania

Activities: Exploration

Energean owns 100% of the Aitoloakarnania onshore block, Western Greece. The Company has agreed to farm-out to Repsol a 60% working interest in the Ioannina block, Western Greece. Repsol will be the Operator.

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Block 26

Montenegro

Block 26

Activities: Exploration

In March 2017, Energean Oil & Gas signed a Concession Agreement with the State of Montenegro for hydrocarbons exploration and exploitation in offshore blocks 4219-26 and 4218-30.

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Block 30

Montenegro

Block 30

Activities: Exploration

In March 2017, Energean Oil & Gas signed a Concession Agreement with the State of Montenegro for hydrocarbons exploration and exploitation in offshore blocks 4219-26 and 4218-30.

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