Givot Olam Drills Successful Oil Well
June 18, 2010 by admin
Israel drills successful oil well
JERUSALEM, June 16 (UPI) — Israel’s Givot Olam Oil Exploration said its drilling explorations at its Meged 5 well near Rosh Ha’Ayin have been very successful.
As a result of the initial operations, Givot Olam Oil Exploration is returning its hydraulic fracturing equipment to its foreign suppliers, Globes reported Wednesday.
Since the Rosh Ha’Ayin test bore produced oil mixed with gas instead of a water flow the bore, Givot Olam Oil Exploration Director Shmuel Becker told journalists, “We’re returning the (hydraulic) frac(turing) equipment because there is natural oil flow in the well.”
Givot Olam Oil Exploration reported that the test bore produced an oil flow of 302 barrels over nearly 20 hours. Following expert analysis, based on the test bore site’s natural oil flow from the Meged 5 well, Givot Olam Oil Exploration decided to dismantle the hydraulic fracturing and propelling equipment at the wellhead and send it back overseas.
In light of the Meged 5 bore hole success, Givot Olam Oil Exploration has begun preparations for tests of section 6 of the well.
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What a way to go gents ! I would be aware of not fracing the well / it could be in a small pool and need to be fraced to reach out to not stop the flow of the thick oil ? I wish you guys the best of luck .
God Bless
Jay
Congratulations!!
I have been waiting for news like this! I feel great joy in my heart
because I wish all the best for Israel and the jewish people.
The visions of John Brown – finding oil in Israel – comes true. I hope
they will find a lot more oil. Thanks to the Lord !
Per Sverre.