Monday, December 26, 2011

Israel discovers yet another major gas field off Haifa coast, Dolphin-1


Israel discovers yet another major gas field off Haifa coast, Dolphin-1

Gas explorers have discovered yet another major find off of Israel’s coast. Dolphin-1 is located about 110 km west of Haifa.
Dolphin 1 is one of the 3 dolphin prospects in the Hanna license. According to the NSAI prospective resources report, Dolphin 1 has the largest potential for gas, and for now is the only prospect that has been chosen for exploratory drilling.
Although it is not nearly as large as that of Tamar or Leviathan, initial indications suggest that it is still quite significant. Preliminary findings show that Dolphin 1 contains some 550 billion cubic feet (15.7 billion cubic meters) of natural gas.
Israel’s new gas fields include: Leviathan, Tamar, Myra and Sarah, and now Dolphin. Together, these fields will position Israel as one of the largest producers of natural gas in the world.
In addition to these gas fields, massive amounts of oil have been discovered stored within the shale rock of Israel’s Shefla Basin, south of Jerusalem. Efforts employing state-of-the-art techniques are already underway to unlock these huge oil reserves, which are nearly the size of that of Saudi Arabia.
(See below posts about Israel’s ever-brightening energy future.)
Arutz ShevaNatural gas has been discovered at the Dolphin I exploratory well, in the eastern Mediterranean waters 110 kilometers west of Haifa, near the Leviathan site.
The well operator, Texas-based Noble Energy Inc., owns 39.66% of the license.  Delek Group Ltd. and Avner Oil and Gas LP each own 22.67%, and Ratio Oil Exploration (1992) LP owns 15%.
The same group made the world’s largest off-shore discovery of the decade last year at the Leviathan site, estimated to contain 16 trillion cubic feet (tcf) of natural gas.
Preliminary findings showed that Dolphin 1, located in the Hanna license, contains some 550 billion cubic feet (15.7 billion cubic meters) of natural gas. The reservoir is much smaller than the nearby Tamar field discovered in 2009.
The gas-bearing strata is located 4,400 meters deep in the Tamar sands, at a depth of 1,560 meters in the Mediterranean.
It is considered the most promising of three geologic structures within the Hanna license, and is the group’s sixth natural gas discovery in Israeli waters. Nevertheless, the group reported it was still to early to determine the size of the gas layer and the quality of the reservoir.
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One thought on “Israel discovers yet another major gas field off Haifa coast, Dolphin-1

  1. Pingback: Yet another major oil and gas find off of Israel’s coast | Quite Normal

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