leviathan gas drill.
(photo credit: (Albatross))
Leviathan 3 well operator Noble Energy Inc. has notified its Israeli partners that drilling of the well was halted at a depth of 2,600 meters (2,700 above the target strata) due to persistent technical problems in the Pride North America rig’s blowout preventer (BOP) and peripheral equipment.
Noble Energy and the drilling contractor are trying to fix the breakdowns to resume drilling as soon as possible. They said they could not yet estimate the effect of the breakdown on the well’s original budget or timetable, or if the costs will be material, assuming there are any.
The Israeli companies said, after they obtain additional information about the drilling operation and an updated assessment about the budget and timetable from Noble Energy, they would announce it, as required.
The Israeli companies said the technical breakdowns had had no effect on
the geological results of the well or on the natural-gas reservoir at
The Leviathan 3 well is located 4.4 kilometers from the abandoned
Leviathan 2 well, and 9.6 km. from the Leviathan 1 exploratory well. The
Leviathan 3 well is due to reach a depth of 5,300 meters and take three
months. The well’s estimated budget is $70 million, and the estimated
budget for production tests, which will take two to three weeks, if the
companies decide to carry them out, is $34m.
In April, Noble Energy announced the breakdown at the Leviathan 2 well,
and it announced a breakdown at the Leviathan 3 well in July.