Bloomberg News

Noble Says Tamar Producing 300 Mmcf, Boosts Estimate

April 04, 2013

(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.

To contact the reporter on this story: Tina Davis in New York at tinadavis@bloomberg.net

To contact the editor responsible for this story: Tina Davis at tinadavis@bloomberg.net


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Companies Mentioned

  • NBL
    (Noble Energy Inc)
    • $70.07 USD
    • 0.59
    • 0.84%
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