Noble Drills Ahead at Levantine Basin

GeoGlobal Resources Inc. provided an update on its Israel Blocks.

347/Myra and 348/Sara

The Noble Homer Ferrington (DW semisub) drilling rig is currently working in the Levantine Basin in Israel and upon completion of the current well, will be immediately mobilized to the Myra-1 location. The rig will be available by the first week of May. As such, the Israel Petroleum Commissioner's Office has granted an extension for the commencement of drilling of the first well on the Myra and Sara Licenses until June 15, 2012. Drilling of the second well will commence upon completion of the first well. The commencement of drilling these two wells within these time frames will meet the required commitments under the Licenses.

388/Samuel

The Company has completed the processing of 17 square miles (43 square kilometers) of ocean bottom cable 3D seismic data in the Samuel License and has filed a summary interpretation report with the Israel Ministry of National Infrastructure ahead of the April 1, 2012 deadline. Interpretation of the seismic data continues in order to file the prospect report by June 1, 2012. The processing and interpretation of this seismic data will allow the Company to finalize drilling decisions on this license which we anticipate will commence before the end of 2012.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Well Servicing Rig Jobs - North Dakota, USA
Expertise: Derrickman|Floorhand / Roughneck|Production Operator
Location: North Dakota, United States, ND
 
Field Superintendent - US Drilling Rig Operations
Expertise: Drilling Superintendent|Field Service Tech
Location: United States
 
Operations Manager - US Drilling Rig Operations
Expertise: Drilling Foreman / Drilling Supervisor|Rig Manager
Location: United States
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours