VOL. XLVI

No 10

10-March-2003

ISRAEL

Givot Olam Logs Oil Pay At Meged-4 Onshore Well

Oil exploration partnership Givot Olam has logged 16ms of oil pay at its onshore Meged-4 well in the L-244 license to the east of Kfar Saba, according to a 23 February report in Globes newspaper. The well has reached a depth of 4,390ms against a target depth of 4,700ms (MEES, 2 December 2002). Production testing will be carried out once target depth is achieved. To date there have been hardly any crude oil...