Noble Energy finds more deepwater gas off Israel

Noble Energy Inc. discovered natural gas at the Dalit prospect 30 miles off Israel on the Michal license with a well drilled to 12,000 ft in 4,500 ft of water.

By OGJ editors
HOUSTON, Mar. 30 -- Noble Energy Inc. discovered natural gas at the Dalit prospect in the Mediterranean 30 miles off Israel on the Michal license with a well drilled to 12,000 ft in 4,500 ft of water.

Formation logs indicated more than 110 ft of net pay in a high-quality reservoir. Dalit is Noble's second subsalt, lower-Miocene discovery in the Levantine basin.

Production testing will be performed at Dalit after the well is completed. Subsequent to testing, the rig will return to the Tamar discovery in the Matan license to drill an appraisal well designed to better define Tamar (OGJ, Feb. 9, 2009, p. 39).

Charles D. Davidson, Noble Energy's chairman, president and chief executive officer, said Noble Energy plans to start its production from this new region in 2012.

"Based on results from the seismic program, we could see further exploration in the region starting in the second half of 2010," Davidson said

Noble Energy operates both the Michal and Matan licenses with a 36% working interest. Other interest owners are Isramco Negev 2 with 28.75%, Delek Drilling with 15.625%, Avner Oil Exploration with 15.625%, and Dor Gas Exploration with 4%.

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