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Exploration News in Israel

5 Companies Bid on 12 New Exploration Blocks Offshore Israel
7/21/2019 - The second Israeli offshore licensing round has ended: 5 Companies Submitted Proposals for Oil and Gas Exploration in 12 New Blocks in Israel's Exclusive Economic Zone. ...
Israeli Vote will not Affect Upcoming Offshore Auction
3/14/2019 - Israel’s offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country’s upcoming general elections, Energy Minister Yuval Steinitz said in an interv...
Israel’s 2nd Offshore Bid Round
11/4/2018 - Israel announces the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Eastern Mediterranean. The upcoming bid round is pursuan...
Israel's Ratio Oil Signs Philippines Exploration Deal
9/5/2018 - Israel’s Ratio Oil Exploration signed a long-awaited deal to search for oil and gas in the Philippines, a spokesman for Philippines President Rodrigo Duterte said. ...
Israel, Lebanon Argue over Offshore Energy Block
1/31/2018 - Israel described as “very provocative” on Wednesday a Lebanese offshore oil and gas exploration tender in disputed territory on the countries’ maritime border, and urged international firms not to bid...
Israel Received Bids from Greek & Indian Firms to Explore Offshore
11/15/2017 - Israel said it received bids to explore for oil and gas in its economic waters from Greece’s Energean and a consortium of Indian firms including ONGC Videsh, Bharat PetroResources, Indian Oil Corp and...
Zion Oil & Gas Raises Rig Derrick in Israel
5/15/2017 - With the raising of the derrick, Zion Oil & Gas, Inc will commence acceptance testing in preparation for spudding its Megiddo-Jezreel #1 well, onshore Israel. ...
Israeli Group Finds Signs of Large Gas Field
1/17/2016 - An Israeli exploration group has discovered signs of another large natural gas field off Israel's coast, it said . A number of the world's biggest gas deposits have been found offshore Israel, Egypt ...
Genie Energy Confirms Hydrocarbon Discovery in Israel
10/8/2015 - Genie Energy, consistent with its prior public statements and disclosures, preliminary evidence from the exploratory wells drilled by its Afek subsidiary in Northern Israel confirms the existence of s...
Genie Spuds First Exploratory Well in Northern Israel
2/17/2015 - Genie Energy Ltd., an oil and gas exploration company and retail energy provider, said that its Afek subsidiary has spudded its first exploratory well in the Golan Heights region of Northern Israel. T...
Israel's Leviathan Gas Reserves Estimate Raised by 16%
7/14/2014 - The estimated size of natural gas reserves in Israel's Leviathan field has been lifted by 16 percent, partners in the field said. ...
Signs of New Natural Gas Field Found Off Israel Coast
4/27/2014 - An oil and gas group exploring offshore Israel said it may have discovered a field that contains an estimated 2.5 trillion cubic feet (tcf) of gas and 255 million barrels of oil. ...
Extension of Rachel/349 and Amit/350 Licenses
3/23/2014 - Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources (the Commissioner) announced to the partners in Rachel/349 and Amit/350 licenses ...
Extension of Rachel/349 and Amit/350 Licenses
2/13/2014 - Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources (the Commissioner) announced to the partners in Rachel/349 and Amit/350 licenses ...
Tamar South West is Natural Gas Discovery
12/5/2013 - Delek Group gas subsidiaries announced that Tamar South West is a natural gas discovery, as defined by the rules of the PRMS and/or by the Petroleum Law. An update reserves report will be published wi...
Zion Oil & Gas Obtains License Extension
7/9/2013 - Zion Oil & Gas, Inc. (ZN) reported that the Israeli Petroleum Commissioner has awarded the company a one-year extension on its Asher-Menashe petroleum exploration license in Northern Israel. ...
Adira Energy Suspends Operations on Gabriella License
2/11/2013 - Adira Energy Ltd. (Adira) announces that it is suspending operations on the Gabriella License due to lack of funding and lack of reasonable expectation of funding by certain parties sufficient to purs...
AGR Hits Gas Shows off Israel
1/3/2013 - AGR (the Operator) reports as follows: The Well has reached a depth of 5 652 meters from sea level (including water depth of about 1 707 meters). Based on examinations performed during the drilling of...
GeoGlobal Provides Update on Sara-1 Exploration Drilling
10/22/2012 - GeoGlobal Resources Inc. announced that the Sara-1 exploration well has reached a final Total Vertical Depth Subsea of 3,928 meters. Based on the cutting samples and logging performed during the drill...
GeoGlobal Reports Disappointing Results from Myra-1 Well
9/6/2012 - GeoGlobal Resources Inc. announced that the Myra-1 well reached a final Total Vertical Depth Subsea (TVDSS) of approximately 5,200 metres. Based on logging performed during the drilling, sands were en...

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