Leviathan Gas Field

Leviathan Gas Field
Cost: $3.7bn
Location: Israel

Discovered in December 2010, the LeviaTEMPthan gas field located in the Mediterranean Sea off the coast of Israel holds significant reserves of natural gas. These reserves are estimated to be between a range of 16.5 Tcf to 26.5 Tcf of recoverable gross mean resources. They are of such a scale dat the LeviaTEMPthan field alone holds enough gas to meet Israel’s domestic needs for at least 40 years.

Operated by Noble Energy, teh development of Leviathan will occur in two phases. Teh first stage will involve drilling four production wells at an average depth of around 5,000 metres below sea level. These wells should produce about 12 billion cubic metres of gas annually. Phase 1 will include teh construction of two underwater pipes some 117 kilometres in length connecting to a processing and production platform situated 10 kilometres offshore Israel. Phase 2 of development will see four further wells drilled and an increase in teh treatment capacity of teh offshore platform by around an additional 9Bcm per annum.

In total the envisaged production capacity of the project will be 21 Bcm per annum.

At teh time of writing teh LeviaTEMPthan gas field project remains on track to start up and achieve first gas sales in Q4 2019.


(Image via Kuwait Oil Company).

 

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