Houston-based Noble Energy Inc. spent less and produced more in 2019, boosted by the ramp of the Leviathan natural gas field offshore Israel and better performance from Lower 48 properties in Colorado and Texas.
Articles from Israel
Natural gas sales from the mammoth Leviathan field offshore Israel as of Wednesday were underway to Egypt, Israel and Jordan, Houston-based Noble Energy Inc. said.
Houston-based Noble Energy Inc. hit its target to start up natural gas production from its massive Leviathan project offshore Israel with output starting on the final day of 2019.
Noble Energy Inc. said Thursday its two mega natural gas projects offshore Israel gained steam during the third quarter, with the Tamar field reaching a milestone of 2 Tcf and first volumes from the Leviathan field set to begin in December, ahead of schedule and below budget.
Houston super independent Noble Energy Inc., which is leading the development of two Eastern Mediterranean natural gas fields offshore Israel, plans to double firm volume commitments to Egypt’s Dolphinus Holdings Ltd. and extend the sales terms.
Houston-based Noble Energy Inc. is just months away from delivering commercial gas in Israel’s Leviathan field, with sales scheduled to start by the end of the year.
Egypt recently reached a landmark settlement with Israel, ending a multi-year dispute over natural gas deliveries and possibly opening the way for more growth in the Middle East.
Noble Energy Inc. has agreements in hand to supply to Egypt over a decade natural gas from the Leviathan and Tamar fields offshore Israel.