Karish North is a conventional gas development located in ultra-deepwater in Israel and is operated by Energean Israel. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Karish North was discovered in 2019, lies in block I/17 Karish. Buy the profile here.
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 2028, to approximately 8,898 bpd of crude oil and condensate and 234 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2045.
Remaining recoverable reserves
The field is expected to recover 238.50 Mmboe, comprised of 36.95 Mmbbl of crude oil & condensate and 1,209.32 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.
For more details on the Karish North Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
