Tanin 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, Tanin was discovered in 2012, lies in block I/16 Tanin, with water depth of around 5,100 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2030. The development cost is expected to be $301 m. The Tanin conventional gas development will involve the drilling of approximately three wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Energean.
Production from Tanin
Production from the Tanin conventional gas development project is expected to begin in 2030 and is forecast to peak in 2037, to approximately 1,752 bpd of crude oil and condensate and 360 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2042.
Remaining recoverable reserves
The field is expected to recover 175.18 Mmboe, comprised of 4.66 Mmbbl of crude oil & condensate and 1,023.17 bcf of natural gas reserves.
Contractors involved in the Tanin conventional gas field
Some of the key contractors involved in the Tanin project as follows.
Design/FEED Engineering: TechnipFMC
Other Contractors: John Wood Group, Valaris, The ERM Group, DSIT Solutions and Lankhorst Ropes
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 Tanin 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.
