No 45



BG Registers Gas Discovery Offshore Israel

BG International and its Israeli partner Isramco announcedon 1 November the successful testing of their exploration well in the Med Yavneconcession located 20 miles offshore from Israel. The Or-1 well, spudded inearly October and drilled in a water depth of 695 meters, tested at a rate of21mn cubic feet daily (cfd) of natural gas within a 40-meter gas bearing zoneof Pliocene sands at a depth of 1,900 meters. Isramco...