The Greek state has acquired new data on the country’s hydrocarbons potential courtesy of Energean Oil & Gas, which has just forwarded the findings of 3D seismic surveys conducted over the Prinos Oil Field, northeast Greece, between June 14 and July 7.
The energy company was obligated to hand over the seismic survey’s findings to the Production Reconstruction, Environment and Energy Ministry as part of the licensing agreement for the region, Greece’s only petrol-producing area at present. The seismic survey data covers an area spanning 340 square kilometers.
Based on international practices for the sector, Energean Oil & Gas has already offered STPC, a consortium comprised of Calfrac and ELPE (Hellenic Petroleum), all data collected for an offshore license gained by the consortium that has remained dormant for decades.
The Energean Oil & Gas seismic surveys, the first to be conducted in the Aegean Sea since 1997, were staged as part of the energy company’s survey program for 2013 to 2020, which had been ensdored by the Greek state.