AGR Encounters Natural Gas in Aphrodite-2 Well, Offshore Israel

Norway’s AGR has encountered signs of hydrocarbons while drilling the Aphrodite-2 well in the Ishai License, offshore Israel, 160 kilometers northwest of Haifa.

Based on examinations performed during the drilling of the Well, “significant signs of hydrocarbons” (natural gas) were found in the lower Miocene sands.

The thickness of the natural gas bearing layer is approximately 15 meters.

The rig drilling the Aphrodite-2 well has completed drilling the well and is expected to plug and abandon the Well in the upcoming 2 weeks. After completing the Well, the operator will perform processing and evaluation of the information collected while drilling and logging.

According to Israeli financial newspaper Globes, Ishai has an estimated 3.7 trillion cubic feet of natural gas.

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Offshore Energy Today Staff, January 3, 2013