Delek Drilling reported on 21 January 2020 that the JV in the I/14 Leviathan South and I/15 Leviathan North leases is considering the possibility of adding a strategic partner to the asset. The move follows the completion of seismic reprocessing of 3D surveys that were acquired by PGS in 2009 and 2010. As a result of the reprocessing, which was performed by WesternGeco in 2019, a new isolated carbonate buildup target was defined, and two previously identified deep targets had to be reclassified and redefined as a single submarine clastic channel. As such, Delek stated that the JV would consider a partner with relevant knowledge and experience in the specification, drilling and development of an exploration target, specifically a carbonate buildup. <P />Subsequent to the reprocessing, an updated prospective resources report was prepared by Netherland, Sewell & Associates Inc (NSAI) for the identified deep Mesozoic targets. According to the assessment, dated 21 January 2020, unrisked prospective resources for the Mesozoic carbonate prospect range from 26.6 MMbo and 25.4 Bcfg, to 766.6 MMbo and 826.8 Bcfg. For the Early Cretaceous channel prospect, the estimates range from 47.3 MMbo and 45.2 Bcfg, to 813.7 MMbo and 886.8 Bcfg. The estimated geological chances of success are 18% and 19% respectively, with the primary geological risk being trap integrity.<P />Operator Noble Energy and its JV partners had previously targeted a Cretaceous prospect, when they deepened the Leviathan 1 well in 2011/12. The well had a PTD of 7,219m but drilling operations were suspended after reaching a depth of 6,517m due to high well pressure and mechanical restrictions of the well-bore design. Subsequent plans to drill another deep well in 2014/15 were postponed due to regulatory uncertainties at the time.<P />Noble Energy Mediterranean Ltd operates the Leviathan leases with a 39.66% interest and is partnered by Ratio Oil Exploration (1992) Ltd Partnership (15%) and the Delek Group through its subsidiary Delek Drilling Ltd Partnership (45.34%).
Delek Drilling reported on 21 January 2020 that the JV in the I/14 Leviathan South and I/15 Leviathan North leases is considering the possibility of adding a strategic partner to the asset. The move follows the completion of seismic reprocessing of 3D surveys that were acquired by PGS in 2009 and 2010.