(Corrects measurement in headline and company name in first paragraph.)
Noble Energy Inc. (NBL:US) said the Tamar natural gas field off the coast of Israel is producing about 300 million cubic feet a day. It boosted the gross resource estimate of Tamar to 10 trillion cubic feet.
The development is designed to deliver up to 1 billion cubic feet a day, a volume Noble expects to reach during the third quarter, the company said in a statement today.
Noble operates Tamar with a 36 percent working interest. Other owners include Isramco Negev 2 LP (ISRAL), Delek Drilling LP, Avner Oil Exploration LLP (AVNRL) and Dor Gas Exploration, Noble said.
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