Leviathan on track to deliver predicted gas volumes, says Delek

Offshore staff

TEL AVIV, IsraelDelek Group has issued a brief update on Israel’s recent approval of the development plan for the deepwater Leviathan gas field, which is expected to deliver 21 bcm (742 bcf) annually.

In the approval letter the Petroleum Commissioner stipulated the processes for implementation of the plan, estimating that around 498 bcm (17.6 tcf) would be produced from the field.

The commissioner also noted that following the receipt of additional data, including results from the Leviathan 5 well, the estimated production amount would be updated, in part to determine export permits.

Delek’s view is that the estimated amount is sufficient for full implementation of the development plan to produce 21 bcm/yr as approved, and for full implementation of the export agreements applicable to a scheme of this scope.


Share your news with Offshore at news@offshore-mag.com

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


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

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 ...