Asset Report

Cassiopea

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Eni operates the deepwater Cassiopea gas project located 20 kilometres offshore Sicily. It has established a new offshore production hub for Eni. Production began in August 2024 from the Argo and Cassiopea gas fields, but production has declined due to water breakthrough, resulting in a downward adjustment of the reserves. Eni intends to increase production again by fast-tracking the nearby Gemini field, discovered in 2024, while longer-term it could advance development of the 120 bcf Panda field.

Table of contents

  • Summary
  • Key Issues
    • Contingent resources
    • Emissions
    • Capital costs
    • Operating costs
    • Gas marketing
    • Cash flow
    • Gas price
    • Global Economic Model (GEM) file
    • 2 more item(s)...

Tables and charts

This report includes the following images and tables:

    Index mapCassiopea mapParticipation
    Primary reservoirHydrocarbon and reservoir qualityKey E&A wellsDiscovery summaryReserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2024-2025)Cassiopea project production profilePipeline summary
  • 11 more item(s)...

What's included

This report contains:

  • Document

    Cassiopea

    XLS 3.36 MB

  • Document

    Cassiopea

    PDF 3.39 MB