Noble discusses Leviathan gas development offshore Israel

Noble Energy Inc. expects first-phase development of Leviathan offshore natural gas field will provide initial production of as much as 750 MMcfd for Israel via a northern entry point in 2016.

Project partners plan additional capacity for exports via pipeline, onshore LNG, or floating LNG as early as 2018. A Mesozoic oil prospect below the Leviathan gas discovery is planned to be spud in late 2013, Noble executives said Dec. 6 during a fourth-quarter update.

Recently, Noble Energy Mediterranean, Delek Drilling LP, Avner Oil & Gas Exploration LP, and Ratio Oil Exploration LP agreed that Woodside Petroleum Ltd. can buy into the 349/Rachel and 30/Amit licenses containing Leviathan gas field (OGJ Online, Dec. 3, 2012).

After closing, Woodside would acquire a 30% interest in the field, estimated to contain 17 tcf of gas gross. Terms call for Woodside to be included in other exploration opportunities in the licenses.

Charles Davidson, Noble’s chief executive officer, said the Leviathan project needed a partner having LNG development and marketing experience.

“We had to acknowledge that we didn’t have that expertise,” Davidson said during a Dec. 6 media briefing. Noble will continue to operate the upstream portion of the project, he said. Under the agreement, Woodside would operate any LNG development in the Leviathan permits.

Meanwhile, Israel is developing laws authorizing gas exports. Leviathan partners await such a law before making a final investment decision on an LNG export project.

In another project offshore Israel, Noble expects Tamar gas field will come on stream during April 2013. Sales for the remainder of 2013 following first production are expected to average 700 MMcfd with a peak capacity of nearly 1 bcfd.

Leviathan and Tamar production will boost gas supplies for Israel where gas demand is on the rise. Meanwhile, Israel no longer plans to receive gas from Egypt as previously negotiated.

“The thinking now in Israel is that they have to supply their own natural gas and not depend on anybody else,” Davidson said.

Related Articles

Freeport LNG nears construction phase

11/19/2014 Freeport LNG Expansion LP expects later this month to close on financing and begin construction on the first two trains of its natural gas liquefac...

Woodside releases draft EIS for Browse LNG project

11/19/2014 Woodside Petroleum Ltd. has released its draft environmental impact statement (EIS) for the proposed Browse LNG project offshore Western Australia.

ANGA president calls for sharper focus on gas transportation issues

11/17/2014 America’s Natural Gas Alliance Pres. Martin J. Durbin called for a stronger focus on transportation as he outlined issues that the US gas industry ...

Better transportation seen as key to North American energy promise

11/16/2014 Significant transportation improvements will be essential for North America to fully realize its dramatically brighter oil and gas future, speakers...

DOE permits LNG exports to non-FTA countries from Freeport terminal

11/14/2014 The US Department of Energy authorized LNG exports to countries not having a free-trade agreement with the US from Freeport LNG Expansion LP and FL...

Santos group releases draft EIS for Gladstone LNG expansion

11/14/2014 A group led by Santos Ltd. Has released a draft environmental impact statement (EIS) for a proposed expansion of a gas field development that would...

Santos GLNG installs final LNG module

11/10/2014 Partners in the Santos Ltd.-led GLNG project in Queensland has installed the final module on its two-train LNG processing facility being constructe...

Russia, Ukraine sign interim gas supply agreement

11/10/2014 Russia and Ukraine signed a $4.6 billion agreement in Brussels that secures natural gas supplies for Ukraine and, ultimately, much of Europe throug...

Latest EIA report lists mixed impacts from higher US LNG exports

11/10/2014 Increased US LNG exports would raise natural gas prices and increase production, reduce end-users' demand, push higher total primary energy use and...

White Papers

How to Keep Your Mud System Vibrator Hose from Getting Hammered to Death

To prevent the vibrating hoses on your oilfield mud circulation systems from failing, you must examine...
Sponsored by

Duty of Care

Good corporate social responsibility means implementing effective workplace health and safety measures...
Sponsored by

Increase Equipment Uptime Through Robust Enterprise Asset Management

Whether you operate in the Upstream Drilling and Exploration sector, the Midstream distribution sector...
Sponsored by

Continuous Improvement for Maintenance with Robust Reporting and Analytics

You should have real-time, anywhere access to more relevant and comprehensive data to help manage and ...
Sponsored by

Enterprise Asset Management Solution for Movable Assets in the Oil & Gas Industry

Drilling and exploration companies face several challenges in effectively managing assets both offshor...
Sponsored by

Supporting HSE Needs for Oil & Gas Through Effective Asset Management Practices

The Oil & Gas industry is constantly being challenged to find, extract and deliver cheaper an...
Sponsored by

Sesam for subsea design analysis

With the exponential growth in the subsea sector, a new set of challenges now face the industry. Mostl...
Sponsored by

Is the gas delivery system you’re looking at able to meet your power generation needs: a hydraulic engineer’s perspective

The hydraulic characteristics, and system response to demands and supplies, of natural gas pipelines a...
Sponsored by

Available Webcasts



Optimizing your asset management practices to mitigate the effects of a down market

When Thu, Dec 11, 2014

The oil and gas market is in constant flux, and as the price of BOE (Barrel of Oil Equivalent) goes down it is increasingly important to optimize your asset management strategy to stay afloat.  Attend this webinar to learn how developing a solid asset management plan can help your company mitigate costs in any market.

register:WEBCAST



On Demand

Parylene Conformal Coatings for the Oil & Gas Industry

Thu, Nov 20, 2014

In this concise 30-minute webinar, participants have an opportunity to learn more about how Parylene coatings are applied, their features, and the value they add to devices and components.

register:WEBCAST


Utilizing Predictive Analytics to Optimize Productivity in Oil & Gas Operations

Tue, Nov 18, 2014

Join IBM on Tuesday, November 18 @ 1pm CST to explore how Predictive Analytics can help your organization maximize productivity, operational performance & associated processes to drive enterprise wide productivity and profitability.

register:WEBCAST


US HYDROCARBON EXPORTS Part 3 — LNG

Fri, Nov 14, 2014

US LNG Exports, the third in a trilogy of webcasts focusing on the broad topic of US Hydrocarbon Exports.

A discussion of the problems and potential for the export of US-produced liquefied natural gas.

These and other topics will be discussed, with the latest thoughts on U.S. LNG export policy.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected