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Noble Energy Prepares to Drill Prospect in Tamar Area

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The consortium that operates the large-Tamar gas find recently received approval to drill an exploration well at the South West (SW) Tamar prospect. This prospect is located in the Tamar I/12 lease and Eran/353 license offshore Israel.

Delek Group's gas subsidiaries, a partner in the consortium, have estimated that the prospect holds 684 BCF of undisclosed resources with a 90 percent probability of success, according to a resources report prepared by Netherland Sewell and Associates Inc.

Noble Energy Mediterranean Ltd., the operator, has recommended to the partners to approve the exploration well, Delek reported in a press release. Drilling is expected to start in a couple of weeks and the operator is expected to use the Atwood Advantage (UDW drillship).                                   

The depth of the well is expected to be about 5,413 feet (1,650 meters) and the planned final depth is about 17,388 feet (5,300 meters).

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