Leviathan Phase 1B is a conventional gas development located in ultra-deepwater in Israel and is operated by Chevron Mediterranean. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block I/15 Leviathan North and I/14 Leviathan South, with water depth of around 5,468 feet. Buy the profile here.
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The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2024. The Leviathan Phase 1B conventional gas development will involve the drilling of approximately four wells and includes FLNG and subsea trees.
Field participation details
The field is owned by Chevron, Delek Group and Ratio Energies.
Production from Leviathan Phase 1B
Production from the Leviathan Phase 1B conventional gas development project is expected to begin in 2025 and is forecast to peak in 2041, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2065.
See Also:
Contractors involved in the Leviathan Phase 1B conventional gas field
Some of the key contractors involved in the Leviathan Phase 1B project as follows.
Other Contractors: Schlumberger and Corinth Pipeworks
About Chevron Mediterranean
Chevron Mediterranean Ltd (Chevron Mediterranean) specializes in focusing on exploration, production, transmission and supply of natural gas. Chevron Mediterranean is headquartered in Herzlia,Cayman Island,the UK.
For more details on the Leviathan Phase 1B Conventional Gas Field, buy the profile here.
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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.
