Epsilon oil field
Encyclopedia
The Epsilon oil field is an oil field
located in the Aegean Sea
. It was discovered in 2000 and developed by Energean Oil & Gas. It began production in 2010 and produces oil
. The total proven reserves
of the Epsilon oil field are around 30 million barrels (4×106tonnes), and production is centered around 2000 oilbbl/d.
Oil field
An oil field is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically extend over a large area, possibly several hundred kilometres across, full exploitation entails multiple wells scattered across the area...
located in the Aegean Sea
Aegean Sea
The Aegean Sea[p] is an elongated embayment of the Mediterranean Sea located between the southern Balkan and Anatolian peninsulas, i.e., between the mainlands of Greece and Turkey. In the north, it is connected to the Marmara Sea and Black Sea by the Dardanelles and Bosporus...
. It was discovered in 2000 and developed by Energean Oil & Gas. It began production in 2010 and produces oil
Oil
An oil is any substance that is liquid at ambient temperatures and does not mix with water but may mix with other oils and organic solvents. This general definition includes vegetable oils, volatile essential oils, petrochemical oils, and synthetic oils....
. The total proven reserves
Proven reserves
Proven reserves, also called proved reserves, measured reserves, 1P, and Reserves, are business or political terms regarding fossil fuel energy sources....
of the Epsilon oil field are around 30 million barrels (4×106tonnes), and production is centered around 2000 oilbbl/d.