When thinking of oil and natural gas in the Middle East, the rich fields of Saudi Arabia or Iraq often come to mind, but few in the populace think of Israel as a burgeoning bastion of oil and natural gas reserves. Oil exploration has actually been going on in the Holy Land since the early 1900’s, with first drilling beginning in 1947, once licenses and permissions had been properly acquired. The first oil yield came in 1955 when an original oil well in the Heletz area was deepened, and initially 18 million barrels were extracted; this well is still in production currently. Seven years later, a report prepared by Lewis Weeks, then chief Geologist of Exxon, was released to the Israeli government detailing a preliminary estimate of 500 million to 2 billion barrels of oil lying beneath Israeli soil.
Following the 1967 war in Israel, oil exploration and drilling again became a focus within Israeli borders, primarily on offshore platforms in the Gulf of Suez and in the Sinai region on the mainland, resulting in the finding of significant reserves of oil and natural gas. The 1970’s and 80’s can be seen as a time of expanded on-shore operations, concentrating on the Coastal Plain resulting in live oil recoveries of smaller amounts of show, but no commercial discoveries.
From 1986-1988, the Israeli government put a halt to all drilling and exploration, requesting that a study of exploration data from the last forty years be conducted. The company assigned to this project, Oil Exploration Investment, Ltd., performed a basin analysis of the whole of Israeli lands, outlining all previous exploratory endeavors, yields, etc. The hope of the Israeli government was to locate trends or patterns that would help positively identify true hopes for larger, future discoveries underneath the nation’s soil or bodies of water. Following this survey, Israel opened various areas up to privatized oil and natural gas exploration. By the end of the 1990’s, several large international oil and natural gas companies including British Gas, Enserch, Reading & Bates, and Noble energy set up their operations in several areas, primarily conducting offshore drilling.
The current decade has seen a change of focus from oil to natural gas discovery in Israel. Most of these discoveries have taken place at offshore platforms, and yields of upwards of 3.5 trillion cubic feet of natural gas have been projected. These discoveries could prove quite advantageous for Israel and for its primary ally, the United States.
About the Author: Bob Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com
Thank you for reading, British Gas Energy Smart
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Holiday > Exxon
THE OIL SPILL?????????????????????????
To catch up with my reader, I need a whole other persona.
RT BBC Entertainment (Europe & Middle East) to start showing David Tennant's 2nd series of Doctor Who in Autumn:
“One of paleontology’s most revered fossil sites now has a baby brother. Scientists have discovered a group of astonishing fossils high in the Canadian Rockies, just 40 kilometers (25 miles) from the famous Burgess Shale location. A paper describing the find appears in the September issue of Geology. Since its discovery in 1909, the Burgess Shale has yielded many thousands of fossils dating to 505 million years ago — a period often called “evolution’s big bang,” when animals were exploding in diverse body plans. These soft-bodied critters scurried around on the sea floor, then were buried in mudslides and exquisitely preserved. Burgess fossils appear in several outcrops, all within about 60 kilometers (37 miles) of Field, British Columbia, and all occurring in shale deposits of the Stephen Formation that are 270 to 370 meters (886 to 1,214 feet) thick. Now, a team led by paleontologist Jean-Bernard Caron of the Royal Ontario Museum in Toronto reports finding Burgess-like fossils in the valley of the Stanley Glacier in Kootenay National Park, where a much thinner part of the Stephen Formation that ranges from 16 to 160 meters (52 to 520 feet) thick is exposed. “This new locality adds to our knowledge of the environments where these organisms lived and died and thus adds important context,” says Peter Allison, a geoscientist at Imperial College London.”
Valley Baseball League top 10 prospects for list turned in. Now finalizing the top 10 for the Coastal Plain League.
try selecting all the songs then drag them to the music section. or select file from itunes, then import file(folder in your case) then select the folder your music is in.
Man, I wish I could get my hands on the movie… I’m in Finland, so it’s not so easy… It sounds and looks so good
Oil and natural gas companies rely upon geological core analyses to help them understand and evaluate oil and gas reserves. A rock sample can reveal myriad details about a geological structure’s formation, content, and history.
They also call them the Near East, which makes more sense.
I guess it became Middle East because it is situated in the middle between Europe and the Far East.
You have to remember though that Exxon Mobil is in the business of generating profit. Not benefitting the environment or even the US population.
Area Safety Manager – Europe, Middle East and Africa – Energy: To support continuous improvements in health & safe…
Salaam w Alaykom,
I am from Libya, and usually when English people go over there to work, they get the good jobs, such as teaching in private schools etc.
My suggestion would be to decide what kind of work you want to do, and then maybe send a letter to the embassy of that country in the USA to ask about job availability or you could look online, however there are a lot of scam jobs online.
I'm not really sure about tips for work as I'm only 16, but if you need to know anything about cultural stuff then feel free to email me, just go onto my profile and the link is there.
Hope I helped,
Jamilla
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2D Space exploration simulator. Explore a universe inside your phone.
25 sectors. Endless variety of torpedo-dot patterns blinking along as you tap out a beat.
Learn orbital flight and discover a mystery or two.
Press menu button for a control menu, again for 2nd control menu.
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#pickensplan Pickens Plan Media Coverage 11.10.10 – Oil Companies Increasingly Eye Natural Gas – Associated Press – …
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in the UK every gas consumer has a meter
Look out Exxon!
Yes….and…hm….maybe. Yes it CAN become a crisis, simple math, you use up a barrel of oil a day that took a couple million years to create, yeah you're going to run out. Next ten years, maybe. We do have more oil than we think. Our wells are still far from dry but in ten years…maybe. Besides, there are incredibly long strides taking place as far as harnessing solar power more efficiently, hydrogen fuel cells are in the stages where it's becoming affordable, more compact, and more productive. Even wind energy in Texas is becoming even more widespread. So MAYBE in ten years, we might not NEED oil as much as we do now. Then again, we had a perfectly good Electric car in the 90's in California and you can thank Big Oil for shutting it down so you can keep buying gas, who knows what these a**holes will do with developing technology.
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