Noble Affiliates Announces More Success Offshore Israel

Article excerpt

ARDMORE (JR) -- Noble Affiliates on Wednesday said a subsidiary, has drilled its fourth consecutive successful offshore Israel.

The wholly owned indirect subsidiary, Samedan, Mediterranean Sea, successfully appraised the southern extension of the Noa field, offshore Israel.

The Noa South #1 well was drilled in 2,430 feet of water 23 miles off the coast of Israel. The well is 2.2 miles south of the initial discovery well Noa #1 and 8 miles west of the Mari-B field discovery announced earlier this year.

The Noa South #1 well encountered 114 feet of gas bearing sands compared to 64 feet of gas sands in the Noa #1 well.

The Noa #1 well tested at a rate of 30 million cubic feet per day. Based upon electric log evaluation and other data obtained from the well, the Noa South #1 will be capable of flowing at commercial rates in excess of that tested at Noa #1.

The Noa South #1 well confirms recoverable reserves of more than 200 billion cubic feet of gas in the Noa area and more than 1.3 trillion cubic feet of gas in the greater Noa/Mari-B areas, Ardmore- based Noble reported. …