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Energean submits Israeli field development plan

Greek exploration and production company Energean has submitted its development plan for the Karish and Tanin gas fields offshore Israel to the Israeli Petroleum Commissioner.
By Staff reporter 21 June 2017 Middle East & Africa / Exploration & Production 0 26461

Greek exploration and production company Energean has submitted its development plan for the Karish and Tanin gas fields offshore Israel to the Israeli Petroleum Commissioner.

Energean plans to drill three wells at Karish using a FPSO, with first gas expected in 2020.

Total capex will be around $1.3-1.5 billion, Energean said in a statement.

Work at the Tanin field will begin after Karish, and will involve drilling six wells with the same FPSO.

The fields have combined reserves of more than 76 billion cubic metres of gas...