Energean retains Stena rig for Hermes well offshore Israel
June 20, 2022
Energean has exercised options with Stena Drilling for two further exploration wells offshore Israel.
Courtesy Stena Drilling
The Stena IceMAX will now move to complete the next development well before moving to Hermes in August 2022.
Offshore staff
LONDON — Energean has exercised options with Stena Drilling for two further exploration wells offshore Israel.
The first well, due to spud in August, will target the Tamar A sands in the Hermes prospect in Block 31. As for the second well, the target will largely depend on results from Hermes.
Drilling of the KM-04 appraisal well on the Karish gas-condensate field has finished 15 days ahead of schedule and $9 million below budget at a cost of $36 million.
The well encountered gas and associated liquids in the previously undrilled fault block between Karish Main and Karish North; gas in the A-sands on the flanks of the Karish Main structure; and confirmed an oil rim in the central part of the field, with thickness in the range 5 m to 10 m.
Energean will perform additional analysis to firm up reserve volumes and the liquids-to-gas ratio across the Karish lease.
The Stena IceMAX drillshipwill complete the next Karish development well before moving to Hermes in August.
