Gulf Oil and Gas accountACCOUNT

ATP Begins Drilling at Shimshon Well in Israel

Source: www.gulfoilandgas.com 4/30/2012, Location: Middle East

ATP Oil & Gas Corporation and its wholly owned subsidiary ATP East Med B.V. (ATP East Med) have initiated drilling at the Shimshon well in the Levant Basin of offshore Israel with the Ensco 5006 drilling unit. The Shimshon well is in a water depth of 3,622 feet with a target depth of 14,764 feet. After spudding, several protective-casing strings will be set until the well has penetrated the salt layer. A full set of electric logs will be run at total depth to assist in evaluation of target reservoirs. ATP expects to announce results during the third quarter of 2012. ATP through ATP East Med operates with a 40% working interest.

“With the recent discoveries in the Levant Basin already exceeding 35 Tcf, the Basin is a prolific area for natural gas exploration efforts,” said T. Paul Bulmahn, ATP Chairman and CEO. “Of the 26 ATP invention and system patents and pending applications, 16 deal with deepwater natural gas development methods and facilities, giving ATP an advantage if it secures an exploration success with this well.”

ATP notes that Isramco Negev, its partner in Shimshon, on March 6, 2011 reported that it received an independent reservoir engineering evaluation from Lockwood & Associates estimating gross potential natural gas resources at Shimshon and that they calculated assessment of the total geological and geophysical exploration probability of success of 20 percent to be reasonable. Lockwood said its high estimate of reserves to the 100% interest was for 3.4 TCF, the low estimate was 1.5 TCF and its best estimate was 2.3 TCF.

Drilling News in Israel >>

New Zealand >>  8/20/2019 - DOF has been awarded two AHTS contracts to support drilling operations in New Zealand. Skandi Emerald and Skandi Atlantic, built in 2011 and 2012 resp...
Norway >>  8/20/2019 - Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are prelimina...

Indonesia >>  8/19/2019 - Empyrean Energy has provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore ...
Norway >>  8/12/2019 - Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 20...

Senegal >>  8/12/2019 - Woodside Energy (Senegal) BV awarded Halliburton Company (HAL) nine conditional contracts for drilling and completion services for SNE Field Developme...
United Kingdom >>  8/7/2019 - Independent Oil and Gas plc (IOG), the development and production company focused on becoming a substantial UK gas producer, is pleased to confirm tha...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Israel Oil & Gas 1 >>  2 | 3 | 4 |

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.