Leviathan gas field

Leviathan gas field
Leviathan gas field is located in Eastern Mediterranean
Leviathan gas field
Location of the Leviathan gas field in the Eastern Mediterranean
CountryIsrael
RegionEastern Mediterranean Sea
LocationLevantine basin
BlocksRachel & Amit
Offshore/onshoreOffshore
Coordinates33°10′04″N 33°37′02″E / 33.16778°N 33.61722°E / 33.16778; 33.61722
OperatorChevron Corporation
PartnersDelek Drilling (45.33%)
Ratio Oil Exploration (15%)
Chevron Corporation (39.66%)
Field history
DiscoveryDecember 2010
Start of productionDecember 31, 2019
Production
Estimated gas in place35,000[1]×10^9 cu ft (990×10^9 m3)
Recoverable gas22,000[1]×10^9 cu ft (620×10^9 m3)
Producing formationsTamar sands

The Leviathan gas field is a large natural gas field in the Mediterranean Sea off the coast of Israel,[2] 47 kilometres (29 mi) south-west of the Tamar gas field.[3] The gas field is roughly 130 kilometres (81 mi) west of Haifa in waters 1,500 metres (4,900 ft) deep in the Levantine basin, a rich hydrocarbon area in one of the largest offshore natural gas field finds.[4][5][6] According to some commentators, the gas find has the potential to change Israel's foreign relations with neighboring countries, including Turkey, and Egypt.[7] Together with the nearby Tamar gas field, the Leviathan field was seen as an opportunity for Israel to achieve energy independence in the Middle East.[8]

In 2017, Leviathan was estimated to hold enough gas to meet Israel's domestic needs for 40 years, having 22 trillion cubic feet in recoverable natural gas.[9][10][11] The field began commercial production of gas on 31 December 2019.[12] As of 2024, 90% of the field's production was being exported to Egypt and Jordan. [13]

  1. ^ a b "Noble Energy Announces First Gas From the Leviathan Field Offshore Israel" (Press release). Houston: Bloomberg News. Business Wire. 31 December 2019. Retrieved 7 January 2020.
  2. ^ Carpenter, Angela; Kostianoy, Andrey G. (6 May 2019). Oil Pollution in the Mediterranean Sea: Part I: The International Context. Springer. p. 68. ISBN 978-3-030-12236-2.
  3. ^ "Noble Energy Announces Operational Update at Leviathan Offshore Israel" (Press release). PR Newswire. 29 November 2010.
  4. ^ "Gas Field Confirmed Off Coast of Israel". The New York Times. 30 December 2010. Retrieved 31 December 2010.
  5. ^ "Noble CEO: Leviathan is largest gas find in our history". Jerusalem Post. 29 December 2010. Retrieved 31 December 2010.
  6. ^ "Israel has enough gas 'to become exporter'". France 24. Agence France-Presse. 29 December 2010. Archived from the original on 16 October 2011. Retrieved 30 January 2012.
  7. ^ Bozdas, Jacob (15 April 2014). "Israel in talks with Egypt, Turkey on major gas export deals". Turkish Daily News. Retrieved 15 April 2015.
  8. ^ Reed, John (6 November 2013). "Israel set to become major gas exporter". Financial Times. Retrieved 8 February 2014.
  9. ^ "Leviathan group, in push to boost gas output, updates reservoir value to $12.5b | The Times of Israel". www.timesofisrael.com. Retrieved 1 June 2023.
  10. ^ "Israel has a gas conundrum". The Economist. 17 August 2017. Retrieved 18 August 2017.
  11. ^ Cohen, Ariel (19 February 2019). "Israel's Leviathan Energy Prize: Where Will The Gas Go?". Forbes.
  12. ^ "Gas production starts from Israel's giant Leviathan field: Delek". www.spglobal.com. 31 December 2019. Retrieved 1 June 2023.
  13. ^ "What Would Happen if Hezbollah Destroys Israel's Natural Gas Rigs". www.msn.com. 31 July 2024. Retrieved 31 July 2024.