Noble Energy Announces Discovery Offshore Israel

Houston-based Noble Energy announced a discovery at the Tamar Southwest (SW) exploration well offshore Israel. 

‘The Tamar SW well, testing a new exploration prospect, encountered approximately 355 feet of net natural gas pay within the targeted Miocene intervals. Tamar SW … was drilled to a total depth of 17,420 feet in 5,405 feet of water,’ reads a note released on Wednesday. 

Tamar SW is the Noble Energy’s eighth consecutive discovery in the Levant Basin.

“The discovery at Tamar SW further enhances our discovered resources in the Eastern Mediterranean, which now totals nearly 40 trillion cubic feet of natural gas.  The discovery also underpins our ability to meet the growing market demand in Israel and within the region," commented Mike Putnam, Noble Energy's Vice President, Exploration and Geoscience. 

Noble Energy is the operator of Tamar SW, with a 36%working interest. The other interest owners are Isramco Negev (28.75%), Delek Drilling (15.625%), Avner Oil Exploration (15.625 %) and Dor Gas Exploration (4%).