Pegasus-1
Completed Gas DiscoveryExploration well spudded in 2025 by ExxonMobil in Block 10
Overview
ExxonMobil/QatarEnergy discovery announced 7 July 2025, drilled by the Valaris DS-9 ~190 km southwest of Cyprus (NAVTEX issued 28 April, spudded early May). Intersected roughly 350 m of gas-bearing reservoir in 1,921 m of water. Together with Glaucus it was declared a commercial discovery on 30 June 2026; appraisal drilling is scheduled for late 2026.
Drilling Campaign
Drilling completed with a commercial gas discovery.
- Well Type
- Exploration
- Result
- Gas Discovery
- Spud Date
- 2 May 2025
- Completion Date
- 7 Jul 2025
- Water Depth
- 1,921 m
- Total Depth
- —
Operator
Other Wells in Block 10
Other ExxonMobil Wells
Drilled in
Discovery
Well Data
- Type
- Exploration
- Status
- Completed
- Operator
- ExxonMobil
- Water Depth
- 1,921 m
- Total Depth
- —
- Coordinates
- 33.44°N, 31.65°E
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