New layer of gas discovered at Tamar field off coast of Haifa

July 25, 2011 by  

Deep Sea Rig at Tamar

Haaretz, ‘The Marker’ July 22, 2011

Amount of natural gas and economic implications of discovery at Mediterranean Sea site yet to be determined.

A deeper layer of natural gas has been discovered at the Tamar field, off the coast of Haifa, according to a report published on Thursday by Delek Drilling and Avner Oil Exploration.

The impact of the newly discovered reserve has not yet been analyzed nor released in full. The significance of the newly discovered structure will depend on the amount of natural gas at Tamar and on the estimations of additional layers in other areas of the Mediterranean Sea that have not yet been discovered.

The new reserve, ‘Layer D’, was discovered beneath ‘Tamar 3′, and is said to be up to 25 meters wide.

According to the report, Noble Energy – the American partner leading the consortium – is gathering data on Layer D and analyzing the implications of the extent of the reserves at Tamar. It is currently not possible to determine the size and economic implications of the newly discovered reserve.

Noble owns 36% of Tamar, while Isramco Negev owns 28.75% and Delek Group, controlled by Yitzhak Tshuva, has a 31% percent stake through two units with equal shares of 15.6% each, Avner Oil Exploration and Delek Drilling.

The Tamar site is the largest natural gas discovery in Israel and plans on selling natural gas to Israel in 2013.

The Lebanese proposal of its maritime border with Israel that is currently under dispute does not include the Tamar and Leviathan gas prospects.

 

 

Be Sociable, Share!

Comments

2 Responses to “New layer of gas discovered at Tamar field off coast of Haifa”

  1. Henoch on July 25th, 2011 2:56 pm

    Shalom,
    We pray that Israel will find lots of gas & oil as God has promised!
    Oh how I wished I had some money to invest in this.
    But through my disability I have not the possibility.
    The least I can do is pray, bless, and put this out on our pro-Israel Christian-Zionists Blog.
    Love, blessing and shalom from The Netherlands!

  2. Craig Brown on July 25th, 2011 5:05 pm

    Please hasten the day that Steve sends an e-mail that starts with “Zion Oil has discovered” !!!! I cant wait until that happens! Good article though…..its out there waiting for ZION to discover it!

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!