Delek Drilling – Leviathan Field Discovery

Delek Drilling – Leviathan Field Discovery

Eitan Aizenberg, a geologist in his 80s who explored the giant natural offshore gas reserve for Israel, Leviathan, states that he has much more work to do and along with his partners, he is targeting distant shores, looking forward to using the technologies, to find new foreign natural resources.

In an interview with The Times of Israel at his Tel Aviv office, Aizenberg said that they have developed the knowledge here and now they are exporting it. The interview took place just two days before his 82nd and Israel’s 70th birthday. He said that it’s a matter of pride that Israelis are now discovering oil and gas worldwide.

It’s a fascinating story how Aizenberg discovered the Leviathan field in the middle of the Mediterranean waters of Israel. They used the most advanced technologies available and hired the most talented people from Haifa and Tel Aviv universities. They also used super computers to examine information as well as 3D seismic tests to identify a site for which he and his partners requested for a government’s permit.

Aizenberg had a great trust in Israel’s offshore, particularly deep waters since he worked in the Gulf of Suez. So, he collected information and started studying the Levant basin. Many people claimed that there are no natural reserves in these areas.

Experience in the Sinai Peninsula

Aizenberg was born in Ness Ziona, Israel and studied mineralogy and geology at the Hebrew University of Jerusalem. After studies, he worked a government agency exploring onshore oil and gas. There he worked to run the Abu Rudeis fields, in the Sinai Peninsula which Israel captured and which were producing around 65,000 barrels of oil per day. Here he got the valuable experience of producing oil and enhanced his exploration abilities. They managed to increase the production to 120,000 barrels per day, i.e. nearly double the original production.

This experience coupled with the finds in the Nile Delta and the first commercial natural gas reserves Noa and Mari-B inspired him to search for gas offshore Israel. The Sinai work made him identify “certain geological concepts” that also applied to the Levant Basin located in the southeast part of the Mediterranean Sea.

Aizenberg received a permit for the site for 18 months, and at this time, Delek Drilling joined their mission and today they have 45.34% stake in the field, along with Ratio Oil who holds 15% and Noble Energy who hold 39.66% of the stakes.

Today Aizenberg is very satisfied to see Israel dealing with the world’s largest energy companies unlike in the past.

About author

You might also like

Business 0 Comments

Best Tips for choosing a Warehouse Management System

Investing in a Warehouse Management System (WMS) is not an easy task!  That is the reason it’s important you have an idea of what the warehouse needs and what you

Business 0 Comments

Mandatory Details and Steps for How to Sell on Amazon Successfully

With the drastic revolution of technology and online marketing, a large number of individual sellers are available with wide scope to sell their products over the internet via a popular

Business 0 Comments

Make money online through affiliate marketing

There are many people around the world who are indulging in making money online. This is because; people can get more opportunities to earn more money without paying any kind


No Comments Yet!

You can be first to comment this post!

Leave a Reply