Partners approve flow test for Pinnacles offshore Israel

July 10, 2012
Noble Energy Mediterranean has completed an extensive test of the newly onstream Pinnacles #1 well and its production facilities offshore Israel.

Offshore staff

TEL AVIV, Israel – Noble Energy Mediterranean has completed an extensive test of the newly onstream Pinnacles #1 well and its production facilities offshore Israel.

According to partner Delek Group, flow tests will start shortly from the Pinnacles reservoir, during which the gas composition and gas treatment measures will be tested.

These will last for several days, with an approved total budget of about $5 million. Once complete, the partners will work on an updated reserves report.

According to another report prepared by consultants Netherland, Sewell and Associates, the majority of the estimated and contingent resources in theTanin discovery area are within the Alon A/364 license. Remaining resources are thought to extend into the Alon B/365 or Amit/350 licenses.

7/10/2012