View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
April 28, 2022

Karish North Conventional Gas Field, Israel

By Carmen

Karish North is a conventional gas development located in ultra-deepwater in Israel and is operated by Energean Israel. Discovered in 2019, Karish North lies in block I/17 Karish.

The project is currently in construction stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2021.

Field participation details

The field is owned by Energean.


Production from Karish North

Production from the Karish North conventional gas development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 8,850 bpd of crude oil and condensate and 300 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2037.


Remaining recoverable reserves

The field is expected to recover 225.91 Mmboe, comprised of 34.91 Mmbbl of crude oil & condensate and 1,146.02 bcf of natural gas reserves.


Contractors involved in the Karish North conventional gas field

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

Main EPC: TechnipFMC

Other Contractors: DeltaTek Group

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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU