Energean announces new gas discovery off Israeli coast
A commercially viable deposit containing an estimated 13 billion cubic meters of natural gas was found at the Zeus-01 drilling site, the company says.
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A commercially viable deposit containing an estimated 13 billion cubic meters of natural gas was found at the Zeus-01 drilling site, the company says.
Energean has announced a 13 bcm discovery in the Zeus exploration well, and its IceMax rig has moved to block 23 to drill the Hercules structure.
Energean PLC has announced a new commercial natural gas discovery of 13 billion cubic meters off the shore of Israel as a result of its exploratory drilling of the well dubbed Zeus-1. It has also confirmed the presence of an additional 3.75 bcm at its Athena site.
Oil and gas company Energean said Monday it had made a commercial gas discovery at the Zeus- 01 prospect, in the Mediterranean Sea…
Energean may have recently announced the start of natural gas production from Israel's offshore Karish field, however the clouds for the hydrocarbon exploration and production company appear to be dangerously thickening.