ATHENS, Greece – The drillship Stena DrillMAX has completed appraisal drilling on Energean Oil and Gas’ Karish North discovery offshore Israel.
According to the operator, the side track, drilled 700 m (2,296 ft) north of the discovery well, confirmed best-estimate recoverable resources of 0.9 tcf of gas and 34 MMbbl of light oil/condensate.
Previously Energean had proven a total of 2.4 tcf and 33 MMbbl of light oil/condensate in its Karish and Tanin offshore leases.
The side track encountered a gas-water contact at 4,791 m (15,718 ft) TVDSS, 13 m (42.6 ft) below the gas down to identified in the original wellbore, with a thin rim of light oil or condensate immediately above.
Total mapped hydrocarbon column was 310 m (1,017 ft).
Energean plans a tieback to the FPSO Energean Power, 5.4 km (3.3 mi) away, which will have a capacity of 8 bcm/yr. The latest drilling results increase the likelihood of securing a firm gas sales and purchase agreement for 0.4 cm annually from Beer Tuvia.
The Stena DrillMAX will now complete the three Karish Main development wells.