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Epsilon deposit in the Gulf of Kavala begins production

Featured Epsilon deposit in the Gulf of Kavala begins production

The Epsilon deposit in the Gulf of Kavala, the third oil deposit in the history of the country after Prinos (1981) and North Prinos (1996), has been set for production since April 1.

In particular, Energean has successfully completed the EA-H3 horizontal drilling, which produces more than 1,000 barrels of oil daily. The drilling reached 5.679 meters and penetrated 689 meters in the sandstone reservoir of Epsilon, according to the original plan.

Energean will continue to monitor and adjust the drilling parameters to achieve optimal production conditions. The EA-H3 drilling was carried out by the company's proprietary drilling machine, "Energean Force".