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November 22, 2021

Tanin Conventional Gas Field, Israel

By Carmen

Tanin is a conventional gas development located in ultra-deepwater in Israel and is operated by Energean Israel. Discovered in 2012, Tanin lies in block I/16 Tanin, with water depth of around 5,100 feet.

The project is currently in approval stage and is expected to start commercial production in 2031. 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 2031 and is forecast to peak in 2035, to approximately 1,920 bpd of crude oil and condensate and 400 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2046.


Remaining recoverable reserves

The field is expected to recover 166.84 Mmboe, comprised of 4.75 Mmbbl of crude oil & condensate and 972.54 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: DSIT Solutions, John Wood Group, Lankhorst Ropes, The ERM Group and Valaris

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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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