Noble Energy sets early 2018 target for Leviathan start-up

Noble Energy says reservoir and facility performance has been strong at its Tamar development offshore Israel, with only two hours of downtime reported during 3Q 2014.

Offshore staff

HOUSTONNoble Energy says reservoir and facility performance has been strong at its Tamar development offshore Israel, with only two hours of downtime reported during 3Q 2014.

The operator also made progress on debottlenecking of the facilities and on the associated onshore Ashdod terminal compression project, which is now 80%. The expansion program is expected to increase deliverability from Tamar to 1.2 bcf/d (34 MMcm/d), starting in mid-2015.

As forLeviathan, the second planned deepwater gas development offshore Israel, Noble and its partners have letters of intent to export gross daily volumes of up to 1.7 bcf/d (48 MMcm/d) and total volumes of more than 8 tcf (226 bcm)to regional customers. They have also received Israeli government approval for a Leviathan gas delivery point in the country’s northern region.

Noble has submitted the plan of development for the initial phase ofLeviathan to the Ministry of Energy and Water Resources. This will include a 1.6-bcf/d (45-bcm/d) FPSO, with initial sales due to start in early 2018 at 75% of total FPSO capacity.

In West Africa, Noble has secured an exploration license for block F15 offshore Gabon, covering 670,000 gross acres in the presalt Gabon coastal basin. It plans 3D seismic acquisition during the first half of 2015.

Off Equatorial Guinea, the company says the side track Alen 1P well started production in early October, and a 1,700-sq km (656-sq mi) 3D seismic survey was completed over blocks O and I. The interpreted data will assist development and exploration planning over the licenses.

Noble’s partner PA Resources says development planning is advanced for the Diega discovery, although the partnership is in discussions with the Equatorial Guinea government on deferring submission of the plan in order to use the new 3D survey to reduce development risk.

10/31/2014

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