Noble Energy goes ahead with Leviathan offshore project

2 Mar 26 Feb, 2017

Noble Energy has authorized the first phase of the Leviathan natural gas project. The company is currently targeting the end of 2019 for first gas from the offshore Israel field. Noble Energy is the operator of the Leviathan Field. The field contains 22 trillion cubic feet (Tcf) of gross recoverable natural gas resources. Leviathan’s initial development will include four subsea wells, each capable of flowing more than 300 million cubic feet per day (MMcf/d) of natural gas. Initial Leviathan proved reserve bookings associated with the investment are 3.3 Tcf net (9.4 Tcf gross) and are expected to be recorded in 2017. Front-end engineering and design for the project are complete and the company is now finalizing major project contracts. Long lead materials procurement for the project has also begun. Completion activity for all four producer wells, including two previously drilled, is expected in 2018. The company expects to complete project installation and initiate commissioning in the fourth quarter of 2019.

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