A revised plan has been submitted to Israel’s Ministry of National Infrastructures, Energy and Water Resources’ Petroleum Commissioner for development of the Leviathan gas field in the eastern Mediterranean Sea.
The changed proposal was submitted by partners involved in the project, which are Noble Energy Mediterranean (39.66%), Delek Drilling (22.67%), Avner Oil Exploration (22.67%) and Ratio Oil Exploration (15%).
Go deeper with GlobalData
Included in the altered works is supply of natural gas and condensate for the domestic market and for export. It is expected that Leviathan will produce around 21 billion cubic metres of gas per year.
Under the plan, the partnership will have eight production wells connected by a subsea pipeline to a fixed platform.
Two of the wells have already been drilled and will be completed for production, Delek said.
Natural gas from the platform will be transported to the Israel National Gas Lines onshore transportation grid, through the north entrance.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataProduction, treatment and transportation capacity of the wells, the platform, the connecting pipeline, as well as ancillary facilities would be designed to accommodate around 21 billion cubic metres per annum.
The pipeline capacity from connection point to the platform will be designed to accommodate approximately 12 billion cubic metres of gas a year.
The Leviathan development plan is expected to be implemented in two stages.
Four wells will be developed and the platform will be installed with treatment facilities in the first phase, with the second stage comprising four additional wells being drilled and the platform’s treatment capacity would be increased by an additional nine billion cubic metres per annum.
Leviathan partners hope to take a final investment decision regarding development plan in the fourth quarter of 2016 to enable first gas production from the project in the fourth quarter of 2019.
In December 2015, Israel Prime Minister Benjamin Netanyahu approved a deal to allow Noble Energy to go ahead with development of the Leviathan gas field.
