Nearshore Israel gas development ahead of schedule
June 4, 2012
Noble Energy Mediterranean has brought forward the start of gas production from the Pinnacles #1 gas well offshore Israel.
Offshore staff
TEL AVIV, Israel – Noble Energy Mediterranean has brought forward the start of gas production from the Pinnacles #1 gas well offshore Israel.
According to partner Delek, gas will start to flow this month. A full reservoir update report should be issued after drilling is completed.
Earlier this year, the two companies, as part of the offshore Tamar development partnership, signed a gas sales agreement with Mashav Initiation & Development. Mashav has since decided not to exercise the right to reduce to 40% the gas quantity it will receive.
