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Noble Energy Provides Update on Successful Leviathan Startup

Source: www.gulfoilandgas.com 1/15/2020, Location: Middle East

Noble Energy, Inc. (NBL) (Noble Energy) provided an update on the startup of the Leviathan natural gas field, offshore Israel. Key highlights from early production include:

- First gas sales from Leviathan commenced on December 31, 2019.
- All four wells and both subsea flowlines are currently fully operational, with well productivities in line with or better than pre-production expectations.
- Venting operations associated with startup were successful, resulting in no impact to onshore communities and with emissions levels substantially below permitted limits.
- Natural gas sales have been established to Israel, Jordan, and Egypt. Gas sales to Jordan began on January 1, with gas exports to Egypt beginning January 15. Gas sales into Egypt are utilizing the EMG Pipeline as planned. Interconnects between the Israeli, Jordanian and Egyptian pipeline networks are now fully operational.
- Combined gross natural gas sales from the Leviathan and Tamar fields to date have averaged 1.5 billion cubic feet equivalent per day (Bcfe/d) in January, with peak days up to 1.7 Bcfe/d.

J. Keith Elliott, Noble Energy’s Senior Vice President, Offshore, stated, “The successful startup of the Leviathan project reflects the tremendous efforts of our employees, partners, and suppliers. I’ve been very pleased with the startup and early performance which has provided confidence in meeting our 2020 sales outlook. Leviathan natural gas provides redundancy in supply domestically and enables Israel to further transition from coal, improving air quality for Israel’s citizens. Additionally, the asset supports regional economic cooperation and development through its exports to both regional and global customers.”

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