Project Profile

Value: US$3.75 billion
Resources: 22 Tcf (623 bcm) natural gas
Reserves: 16 Tcf (453 bcm) natural gas  
Location: Offshore Israel
Total Depth: 23,600 feet (7,193 metres)
Operational Start-up Year: 2019

Leviathan represents the largest exploration success in the Noble\'s history, with gross mean resources of 16 Tcf of natural gas. The operators are actively studying multiple export options, including both LNG and pipeline scenarios. The company anticipates returning to appraisal drilling at Leviathan in mid 2011. Supported by 3D seismic acquisitions in 2009 and 2010, Noble Energy has identified a number of additional prospects and leads on our significant acreage position offshore Israel and Cyprus, with plans to drill three to four exploration / appraisal wells in 2011.

Israel has approved a deal to fast-track development of the  Leviathan field and end years of regulatory uncertainty that has stifled the country\'s nascent oil and gas industry. (22/05/2016)

Under the development plan, approved earlier in June 2016, the partners plan to develop eight production wells and tie them back by a subsea pipeline to a fixed platform to be built offshore. Natural gas will be transported from the platform to the Israel National Gas Lines transportation grid. The facilities will have the capacity to produce 21 billion cubic metres per year. (June, 2016)

Operators:

Noble Energy: Operator with 39.66% working interest

Delek Drilling: 45.34% interest

Ratio Oil Exploration: 15% interest


Contractors:

Gate Energy: Hired to help with the commissioning of the Leviathan platform

Heerema Fabrication Group (HFG):  Procurement and construction contract

Schlumberger: Hired to provide measurement and control system

Dyna-Mac: Fabrication work

Atwood Oceanics: Drilling contractor

Ensco: Drilling contractor

Offtake Company:

Palestine Power Generation Company (PPGC)

Wood Group: FEED contract (June 2016)

Trendsetter Engineering: Contracted to provide subsea equipment

Sandvik : Umbilical tubes contract