Posted on 02/02/2010 11:17:51 AM PST by Shellybenoit
As an Oilman, Moses is making a comeback. For decades some have been complaining if Moses had only made a right turn after he led the Israelites across the Reed Sea the Jews would have the Oil, the Arabs would have the desert and the world would be much better off.
Well that seems to be changing. Last January a major supply of natural gas was found off the coast of Haifa, Israel's major port city. In December, a significant quantity of oil was discovered near Rosh HaAyin, a city located east of Tel Aviv on the western edge of Samaria.
Announced today was two different finds of Natural Gas off the coast of Israel. For the Mira Prospect, the best estimate of gross prospective sales gas resources is 4.24 TCF (trillion cubit feet) and for the Sarah Prospect, the best estimate is 1.47 TCF. The high range is 7.34 TCF
(Excerpt) Read more at yidwithlid.blogspot.com ...
every few years somebody (usually american businessman) touts some new oil or gas finding in Israel and looks for funding. So far only the businessmen have gotten rich..
“MAJOR NEW Natural Gas Find Off Coast of Israel”
Major old/new methane gas find in the Oval Office.
(Sorry FR folks. I am a very angry person.)
cubit? I thought that was a unit of measure from the bible? Or is this a Freudian unit of measure?
Pretty much. There are some minor oil/gas fields in/around Israel, with some production, in the high teens of thousands of barrels.
There are certainly oil-bearing formations in the area, but the problem is they are “tight” — the rock lacks permiability, so the oil doesn’t flow to the welbore.
There have been dramatic technological increases in fracturing technology, however, that may make these fields much more productive.
cubic
PRAISE GOD!
INTERESTING timing.
but, but...don’t you know that according to a secret protocol in a unrevealed side-agreement to the Oslo accords
both parties agree that these lowlands are an integral part of the Palestinian nation?
Announced today was two different finds of Natural Gas off the coast of Israel. For the Mira Prospect, the best estimate of gross prospective sales gas resources is 4.24 TCF (trillion cubit feet) and for the Sarah Prospect, the best estimate is 1.47 TCF. The high range is 7.34 TCFThanks Shellybenoit.
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