Israel's first substantial onshore oil find needs horizontal wells for development

07/05/2004
Israel has what appears to be its first substantial onshore oil and gas discovery, but development may be difficult and slow of pace.The third well drilled on the Rosh Ha'ayin structure 20 km northeast of Tel Aviv flowed light oil and gas from fractured Triassic Mohilla carbonate below 14,300 ft. Two previous wells were drilled on the structure in 1994 and 2000.The operator, Givot Olam Oil Exploration LP, Jerusalem, estimates field size at 200 sq km. It judges one reservoir in the Mohilla A formation to contain close to 1 billion bbl of oil in place of which 200 million bbl are possibly recoverable. Israel's next largest onshore field, Heletz, has 18 million bbl recoverable.The Is...
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