Posted on 10/07/2015 3:29:07 AM PDT by Wiz-Nerd
Estimates are that the amount of oil found will make Israel self sufficient for very many years to come.
After more than a year of round-the-clock drilling, large amounts of oil have been found on the Golan Heights. Estimates are that the amount of oil discovered will make Israel self sufficient for very many years to come.
Afek Oil and Gas chief geologist Dr. Yuval Bartov told Channel 2 News, "We are talking about a strata which is 350 meters thick and what is important is the thickness and the porosity. On average in the world strata are 20-30 meters thick, so this is ten times as large as that, so we are talking about significant quantities. The important thing is to know the oil is in the rock and that's what we now know."
Three drillings have so far taken place in the southern Golan Heights which have found large reserves of oil. Potential production is dramatic - billions of barrels, which will easily provide all Israel's oil needs. Israel consumes 270,000 barrels of oil per day.
(Excerpt) Read more at globes.co.il ...
Syria screwed up big time. That’s a shame.
Oh boy. Things just got a lot more interesting in the Middle East.
Wonder if this will lead Russia to rethink its incipient strategic relationship with Israel, and instead start backing Syria in force in any attempt to recover Golan from Israel?
How awesome is that? And they thought they were the only place in the middle east without oil lol!
Gog and Magog! Hooks in their jaws, forced to face Israel.
Didn't LEFT-wing governments want to hand back the Golan in exchange for peace with the Syrians?
Had they done that, ISIS would be swimming in the Sea of Galilee by now.
The Bible says that the Hebrews will avail themselves of “things beneath the sand”...some claim it might have been a type of silica but maybe there are lots of resources just waiting for Israeli ingenuity to tap into.
Arab slime: Keep killing yourselves...
Energy Independence
The new game in town.
Time to decide if Syria is a province of Israel or the other way around. Saddam invaded Kuwait for much less.
Iceland also has huge oil reserves.
Bjork comes from there.
There is going to be a international political fight over this, Israel better establish a fund for Syria’s refugees if they want to drill this.
Israel better establish a fund for Syria’s refugees if they want to drill this.
I was thinking to pay to move them back to Syria and recover their lives there.
If you’d like to be on or off, please FR mail me.
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The hook-in-jaw prophecy of Gog comes to mind here.
Note the vast gas reserves Israel has laid claim to as well.
Glad you see that also!
...check how easily it can be extracted and whether it involves high production costs. In a period of very low oil prices, extraction will have to be relatively cheap to make exploitation of the field profitable.
The real question is above
Don’t forget that they are now water-independent as well through their desalinization efforts. Israel is truly blessed of God, despite BO’s & VJ’s efforts...
Just because there is oil in rock does not make a producing field as yet.
Most oil in world is not producible, so let’s see how this stacks up prior to celebrating.
Needs the right saturation, depth, porosity, and many other factors.
Cue in the invasion of Russia in the mountains of Israel. That Ole prophetic clock just keeps on ticking.
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