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November 22, 2021

Karish Conventional Gas Field, Israel

By Carmen

Karish is a conventional gas development located in ultra-deepwater in Israel and is operated by Energean Israel. Discovered in 2013, Karish lies in block I/17 Karish, with water depth of around 5,707 feet.

The project is currently in commissioning stage and is expected to start commercial production in 2022. Final investment decision (FID) of the project was approved in 2018. The development cost is expected to be $1,600 m. The Karish conventional gas development will involve the drilling of approximately three wells and includes FPSO, subsea manifold, and subsea trees.

Field participation details

The field is owned by Energean.


Production from Karish

Production from the Karish conventional gas development project is expected to begin in 2022 and is forecast to peak in 2023, to approximately 31,175 bpd of crude oil and condensate and 725 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2034.


Remaining recoverable reserves

The field is expected to recover 288.26 Mmboe, comprised of 56.21 Mmbbl of crude oil & condensate and 1,392.3 bcf of natural gas reserves.


Contractors involved in the Karish conventional gas field

Some of the key contractors involved in the Karish project as follows.

Design/FEED Engineering: Engineers India and TechnipFMC

Main EPC: TechnipFMC

EPC Contractors: Sembcorp Marine and Semco Maritime

Other Contractors: Allseas Group, Balmoral Group, CSA Ocean Sciences, DeltaTek Group and Det Norske Veritas Holding

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About Energean Israel

Energean Israel Ltd (Energean Israel) produces crude oil and natural gas. Energean Israel is headquartered in Bnei Brak, Israel.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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