Noble Energy Inc. 04-Dec-13 Abridged
Noble Energy, Inc. announced Wednesday discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico and at the Tamar Southwest (SW) exploration well offshore Israel.
The Tamar SW well, testing a new exploration prospect, encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals. Tamar SW, which was drilled to a total depth of 17,420 feet in 5,405 feet of water, is the Company's eighth consecutive discovery in the Levant Basin. The field is located approximately 8 miles southwest of the Tamar field. Evaluation of drilling data and wireline logs has confirmed the range of gross resources of the field to be between 640 billion cubic feet (Bcf) of natural gas and 770 Bcf. The well encountered high-quality reservoir sands, with per well productivity anticipated to be approximately 250 million cubic feet of natural gas per day.
Noble Energy's Vice President of Exploration and Geoscience Mike Putnam commented, " In Israel, the discovery at Tamar SW further enhances our discovered resources in the Eastern Mediterranean, which now totals nearly 40 trillion cubic feet of natural gas. The discovery also underpins our ability to meet the growing market demand in Israel and within the region."
Following completion of operations at Tamar SW, the drilling rig will be released to another operator. Noble Energy operates Tamar SW with a 36 percent working interest. Other interest owners are Isramco Negev 2 with 28.75 percent, Delek Drilling with 15.625 percent, Avner Oil Exploration with 15.625 percent and Dor Gas Exploration with four percent.
Noble Energy, Inc. announced Wednesday discoveries at the Dantzler exploration well in the Deepwater Gulf of Mexico and at the Tamar Southwest (SW) exploration well offshore Israel.
The Tamar SW well, testing a new exploration prospect, encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals. Tamar SW, which was drilled to a total depth of 17,420 feet in 5,405 feet of water, is the Company's eighth consecutive discovery in the Levant Basin. The field is located approximately 8 miles southwest of the Tamar field. Evaluation of drilling data and wireline logs has confirmed the range of gross resources of the field to be between 640 billion cubic feet (Bcf) of natural gas and 770 Bcf. The well encountered high-quality reservoir sands, with per well productivity anticipated to be approximately 250 million cubic feet of natural gas per day.
Noble Energy's Vice President of Exploration and Geoscience Mike Putnam commented, " In Israel, the discovery at Tamar SW further enhances our discovered resources in the Eastern Mediterranean, which now totals nearly 40 trillion cubic feet of natural gas. The discovery also underpins our ability to meet the growing market demand in Israel and within the region."
Following completion of operations at Tamar SW, the drilling rig will be released to another operator. Noble Energy operates Tamar SW with a 36 percent working interest. Other interest owners are Isramco Negev 2 with 28.75 percent, Delek Drilling with 15.625 percent, Avner Oil Exploration with 15.625 percent and Dor Gas Exploration with four percent.
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