Karish Oil and Gas Field (Israel)

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Karish Oil and Gas Field (כריש) is an operating oil and gas field in Israel.

Along with Karish North Oil and Gas Field (Israel) and Tanin Oil and Gas Field (Israel), Karish Oil and Gas Field is a part of the Karish-Tanin Gas Project (Israel).

Project Details

Main Data

Table 1: Field-level project details for Karish Oil and Gas Field

¹Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID1 year	Production start year	Production type
Karish	operating	Energean	Energean PLC [100%]	2013	2017	2022	conventional

Production and Reserves

Table 2: Reserves of Karish Oil and Gas Field

million m³ = million cubic meters
million bbl = million barrels of oil

Fuel description	Reserves classification	Quantity	Units	Data year	Source
gas	2P reserves	39926.97	million m³	2020	​
gas	2P reserves	102000.0	million m³	2022	​
gas	estimated	40000.0	million m³	2024	​
oil	2P reserves	61.0	million bbl	2020	​

Table 3: Production from Karish Oil and Gas Field

million m³/y = million cubic meters per year

Category	Fuel description	Quantity	Units	Data year	Source
production	gas	300.0	million m³/y	2022	​
production	gas	4400.0	million m³/y	2023	​

Location

Table 4: Field-level location details for Karish Oil and Gas Field

Location	Onshore/Offshore	Coordinates (WGS 84)
offshore, Israel	offshore	33.2283, 34.289 (exact)

The map below shows the exact location of the field(s) within the Karish-Tanin Gas Project (Israel):

Loading map...

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Background

The Karish gas field was discovered in 2011. The Final Investment Decision for the development project was made in March 2018. According to Energean, "the Karish main field will be the first asset to be developed in the Karish and Tanin blocks by the Group. Karish was selected as the initial development as it is the largest discovery, is expected to provide the highest yield of liquid per volume of produced gas and is the closest discovery to shore."

According to NS Energy, "a group of four banks including Morgan Stanley, Natixis, Bank Hapoalim, and Societe Generale agreed to provide a senior credit facility of approximately £924m ($1.275bn) for the Karish gas field development project in March 2018". The project is expected to begin producing gas in 2021.

Energean "delivered first gas from the Karish field offshore Israel through its Energean Power floating production, storage and offloading (FPSO) unit: in October 2022.

Articles and Resources

Additional Data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.