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Noble Energy makes another discovery in Levant Basin

Oilfield Technology,

Noble Energy, Inc. has announced a natural gas discovery at the Tanin prospect offshore Israel.  The discovery well was drilled to a depth of 18,212 ft and encountered approximately 130 ft of gross natural gas pay in high-quality lower Miocene sands.  

The Tanin well is located in the Alon A license, approximately 13 miles northwest of the Tamar field, and in 5100 ft of water.  Discovered gross resources are estimated to range between 0.9 and 1.4 trillion ft3. This discovery de-risks other prospects located in the vicinity of Tanin.

The Tanin discovery is the sixth consecutive field discovery for Noble Energy and its partners in the Levant Basin.  Four of the discovered fields have estimated gross mean resource sizes of over 1 trillion ft3.  Including Tanin, total discovered gross mean resources in the Levant Basin are now estimated to be approximately 35 trillion ft3.

Noble Energy is the operator of the Alon A license with a 47.06% interest.  Co-owners are Avner Oil and Delek Drilling each with a 26.47% interest.

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