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News from EMGC 2013: Noble Energy elaborates on plans for Mesozoic oil play in Eastern Mediterranean

BY PRAMOD KULKARNI, Editor

NICOSIA, Cyprus -- The inaugural Eastern Mediterranean Gas Conference concluded with Terry Gerhart, director of operations for Noble Energy’s Eastern Mediterranean business unit, elaborating on the operator’s plans to drill deeper to explore a Mesozoic oil play in the region. The area has produced only gas thus far.

“We’ve contracted the Atwood Advantage to drill these deep targets,” Gerhart explained. “The newbuild drillship will be capable of drilling in 12,000-ft water depth to 40,000-ft TD. The rig will have two 15,000 psi BOPs to handle high-pressure conditions.”

Atwood Advantage_slider.jpg

Expected to come out of the shipyard in 2013, the Atwood Advantage will be assigned to Noble Energy for drilling into a deep Mesozoic play in the Eastern Mediterranean.

Noble is using the Ensco 5006 rig to drill at the Karish prospect, offshore Israel. Subsequently, the rig will be moved to Cyprus Block 12 to drill the first appraisal well. A 3D seismic survey is underway on Block 12 to better delineate the prospect.

Other presentations on the second day of EMGC 2013 concerned infrastructure options, such as pipelines and LNG terminals, and featured expert speakers from Technip, INTECSEA and Hyperion Systems Engineering Group. Dr. Charles Ellinas, CEO of newly-formed Cyprus National Hydrocarbons Company (CNHC), spoke on the Cyprus perspective of the future of the Eastern Mediterranean.

Next year’s conference is expected to be held in Israel, with the event returning to Cyprus in 2015.

04/10/2013

 

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