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Gas reserves in the field «Tamar» was 10% -15% higher than expected

The results of test drilling performed at the well «Tamar-8» show output field «Tamar» exceeds the previous estimates by 10% -15%. Writes about this edition of The Marker.

Samples collected in November 2016 – April 2017, was sent to the consulting firm Netherland, Sewell & Associates, Inc., evaluation of oil and gas fields.

The answer has forced to reconsider the assessment of the amount of the Deposit. According to some data, its value is 11.5-12 billion dollars.

Well «Tamar-8» is 100 kilometers from the Israeli coast, and its depth is about 3.5 kilometers. The estimated cost of the work amounted to $ 265 million. This amount includes not only the drilling but also the construction of a gas pipeline.

«The new well will dramatically increase production during peak demand, in accordance with the assessment of the level of consumption in the present and the future» — said in a statement published a year ago by a consortium that included Noble Energy, «Delek kidumim» and «Avner».

Gas reserves in the field «Tamar» was 10% -15% higher than expected
29.06.2017

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