Energean to develop gas strike off Israel

Energean Oil & Gas plans to develop a natural gas discovery in its deepwater Karish North exploration well offshore Israel. The well, drilled to 4,880 m TD in more than 1,700 m of water by the Stena DrillMAX drillship, encountered a gross hydrocarbon column of up to 249 m with high-quality reservoir in Early Miocene Tamar B and C sands.

Apr 16th, 2019

Energean Oil & Gas PLC, London, plans to develop a natural gas discovery in its deepwater Karish North exploration well offshore Israel.

The well, drilled to 4,880 m TD in more than 1,700 m of water by the Stena DrillMAX drillship, encountered a gross hydrocarbon column of up to 249 m with high-quality reservoir in Early Miocene Tamar B and C sands. Energean recovered a 27-m core and plans further evaluation.

It estimates initial gas in place at Karish North at 1-1.5 tcf.

The Stena DrillMAX will deepen the well to assess the D4 horizon.

Energean plans to tie the Karish North discovery back to the Energean Power floating production, storage, and offloading vessel under construction in Zhousan, China.

The FPSO, the Eastern Mediterranean’s first such unit, will be installed about 5.4 km from the Karish North well to support development of Karish and Tanin gas fields. The vessel will have capacities of 775 MMscfd of gas treatment and export and 800,000 bbl of liquids storage.

Energean will develop the 16-sq-km main Karish field first with three development wells (OGJ Online, Jan. 29, 2018). Karish is about 40 km east-northeast of Tanin.

Early plans for Tanin involve the drilling of six development wells.

Energean holds 100% interests in the Karish and Tanin leases.

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