Israeli drilling deadline pushed back to June

Offshore staff

CALGARY, Canada – GeoGlobal Resources has completed processing and interpretation of 1,360 sq km (525 sq mi) of 3D seismic over the Myra and Sara licenses offshore Israel.

The Israel Petroleum Commissioner’s Office has granted an extension for the planned drilling program on both licenses from the previous deadline of March 31 to June 15, due to the late arrival of the contracted drilling rig, the semisub Noble Homer Ferrington.  Currently the rig is completing a well in the Levantine basin, after which it will mobilize directly to the Myra-1 location.

On the Samuel offshore license, data compiled from a 43-sq km (16-mi) 3D survey last summer has been processed. The summary interpretation report has been submitted to the Israeli government. GeoGlobal expects drilling to start before the end of 2012.

4/2/2012

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...