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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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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. Co-owners are Avner Oil and Delek Drilling each with a 26.47% interest.

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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. Paltsev et al. Click to enlarge. —Sergey Paltsev. Click to enlarge. Background.

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