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Noble Energy makes another natural gas find offshore Israel; total gross mean Levant gas resources now estimated at 38 Tcf

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Noble Energy, Inc. announced a natural gas discovery at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783 feet (4,811 meters) and encountered 184 feet (56 meters) of net natural gas pay in high-quality lower Miocene sands. trillion cubic feet (Tcf) with a gross mean of 1.8

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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

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Cyprus offshore hydrocarbon exploration blocks. Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. —Sergey Paltsev, an author of the study and a principal research scientist at the MIT Energy Initiative.

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