The volume of proven gas and condensate resources held in Noble Energy’s producing Tamar field off Israel has increased significantly, according to minority partner Delek Group.

The Israel-listed company said proven reserves have increased by 15% from 7 trillion cubic feet of gas and 9.1 million barrels of condensate to 8 Tcf and 10.4 million barrels, respectively.

Citing a report commissioned from Netherland, Sewell & Associates, Delek said proven plus probable reserves are up 13% from 10 Tcf and 13 million barrels previously to 11.2 Tcf and 14.6 million barrels now.

In addition, Netherland, Sewell estimates that proven, probable and possible resources have also increased, by about 14%, from 11.7 Tcf and 15.2 million barrels to 13.3 Tcf and 17.3 million barrels of condensate.

Delek attributed the revised resource estimates to data received from the Tamar-8 development well and fresh mapping of the Tamar and Tamar Southwest reservoirs.

Specifically, Delek said there has been an increase in the gross rock volume, a decrease in water saturation, an increase in porosity and an increase in gas recovery.

Tamar can currently produce up to 1.1 billion cubic feet per day of gas from subsea wells tied back to a shallow-water platform, from where output is sent to Israeli consumers.

Weekly

Tamar resource increase