Leviathan Gas Field
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Leviathan Field is an operating gas field in Israel.[1]
Location
The map below shows the exact location of the field in Israel.[2]
Background
The field was discovered in 2010. According to NS Energy, "in November 2016, HSBC Bank and JP Morgan agreed to provide a $1.75bn loan to Delek Group to fund the first phase of the field development. The project partners made the final investment decision in February 2017. The estimated investment for the phase one development is $3.6bn (€3.25bn). The annual natural gas production capacity is estimated to be 12bcm (1.2bcf/day)."[3]
The field first began producing gas in December 2019,[4] causing Israel to reach energy independence and become an exporter of gas.[5] Leviathan currently supplies gas to Israel, Egypt and Jordan.[6]
According to Delek Drilling, the project includes "four subsea production wells, a subsea production system connecting the production wells and the platform, a processing platform located approx. 10 km offshore within Israel’s territorial waters, and a designated pipeline to shore...The first phase of the development plan includes an option to expand the production capacity to 21-24 BCM per year by drilling additional wells and upgrading the production platform."[7]
In August 2020, according to the report "Five Years Lost How Finance is Blowing the Paris Carbon Budget," by Reclaim Finance, "JP Morgan and HSBC facilitated the issuance of a $2.25 billion project bond by Israeli-based Delek Drilling, aimed at financing the development of the Leviathan gas field. Banks such as BNP Paribas, Goldman Sachs and ABN AMRO are among the participants in the financial package."[8]
Project Details
- Status: Operating[1]
- Coordinates: 33.0014, 33.6490 (exact)[2]
- Operator: Chevron[1][9]
- Owner: Noble Energy (39.7%); Delek Drilling (22.7%); Avner Oil Exploration (22.7%); Ratio Oil Exploration (15%)[10]
- Parent: Chevron Corporation (39.7%)[9]; Delek Group (22.7%)[11]; Delek Group (22.7%)[12]; Ratio Petroleum (15%)[13]
- Discovery year: 2010[10]
- Production start year: 2019[14]
- Basin:
- Concession/Block:
- Project/Complex:
Production and Reserves
Table 1: Production and Reserves - Leviathan Field
| Category | Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|---|
| production design capacity | gas | Not applicable | 12 403 | million m³/y | [not stated] | [14] |
| reserves | gas | 2P reserves | 376 611 | million m³ | 2020 | [1] |
- million m³ = million cubic meters
- million m³/y = million cubic meters per year
Articles and Resources
References
- ↑ 1.0 1.1 1.2 1.3 "mayafiles.tase.co.il/rpdf/1308001-1309000/P1308793-00.pdf" (PDF). Archived from the original (PDF) on August 31, 2021. Retrieved September 27, 2021.
- ↑ 2.0 2.1 "www.energy-sea.gov.il/English-Site/Pages/Data%20and%20Maps/Wells-from-Prime_web.pdf" (PDF). Archived from the original (PDF) on August 31, 2021. Retrieved September 27, 2021.
- ↑ "Leviathan Gas Field, Leviathan Basin, Mediterranean Sea, Israel". NS Energy. Retrieved 2021-02-01.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Leviathan – History in the Making". Noble Energy. Retrieved 2021-02-01.
{{cite web}}: CS1 maint: url-status (link) - ↑ Solomon, Shoshanna (December 16, 2019). "Israel to start pumping gas from Leviathan, making country an energy powerhouse". www.timesofisrael.com.
{{cite web}}: CS1 maint: url-status (link) - ↑ Delek Drilling (July 2020). "Leviathan Gas Field" (PDF).
{{cite web}}: CS1 maint: url-status (link) - ↑ "Leviathan Gas Field". Delek Drilling. Retrieved 2021-02-02.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Five Years Lost How Finance is Blowing the Paris Carbon Budget" (PDF). Reclaim Finance. December 2020.
{{cite web}}: CS1 maint: url-status (link) - ↑ 9.0 9.1 Affairs, Chevron Policy, Government and Public. "Noble Energy is Now Chevron". chevron.com. Archived from the original on August 31, 2021. Retrieved September 27, 2021.
{{cite web}}:|first=has generic name (help) - ↑ 10.0 10.1 "www.nsenergybusiness.com/projects/leviathan-gas-field-mediterranean-sea/". Archived from the original on August 31, 2021. Retrieved September 27, 2021.
- ↑ "www.delekdrilling.com/about". www.delekdrilling.com. Archived from the original on August 31, 2021. Retrieved September 27, 2021.
- ↑ "Israel's Delek Drilling, Avner Oil approve merger". December 25, 2016. Archived from the original on August 31, 2021. Retrieved September 27, 2021.
- ↑ "Ratio Petroleum - About Ratio Petroleum". www.ratiopetroleum.com. Archived from the original on August 31, 2021. Retrieved September 27, 2021.
- ↑ 14.0 14.1 "Leviathan – History in the Making". www.nblenergy.com. Archived from the original on August 31, 2021. Retrieved September 27, 2021.
