The Cassiopea field extends across the G.R14.AG and G.R13.AG exploration licenses, where Eni holds a 60% stake each. Italian utility Edison holds the remaining 40%. Gas reserves associated with the discovery are estimated at approximately 16 billion cubic meters.
Preliminary tests show production of around 190,000 cubic meters of gas per day. These initial encouraging results signal higher production during the normal life of the field. This discovery confirms the high potential of the Sicilian Strait deep offshore area, where the neighboring Panda and Argo fields are also located.
For the Cassiopea field, which is integrated with Panda and Argo through subsea systems, an accelerated development is being evaluated in order to create synergies with other neighboring production sites.
Eni noted that the success of this exploration confirms its commitment to the search for hydrocarbons in frontier environments such as deep water, as well as its continued focus on exploration and development of mining resources in Italy.
