Israeli group Isramco has decided to relinquish the licenses to develop the Daniel gas fields in the Mediterranean Sea off Israel. The exploration licenses - Isramco holds 65% of the licenses, while Modiin Energy holds 15% - were granted in 2011, will expire in April 2018 and may not be extended. Partners have thus decided to return the licenses, citing a lack of investors to start the project, geological risks and difficulties in commercialising the gas.
In January 2016, Isramco and Modiin Energy announced large gas reserves in the Daniel East and West licenses: the Og prospect in the Daniel East license would hold a prospective reservoir of 1.1 tcf (31 bcm) of gas, while the blocks of the Daniel West license would hold a prospective reservoir of 7.8 tcf (220 bcm) of gas, which would represent total reserves of more than 250 bcm of gas. The estimate for the Og prospect is with a 38-43% probability of finding gas, while in the Daniel West license the probability ranges from 24% to 57% depending on the prospect.
The eastern Mediterranean basin that includes Israel, Egypt and Cyprus is estimated to hold between 10,000 and 15,000 bcm of gas. The Israeli offshore is dominated by a partnership of Noble Energy and Delek Group, which controls the Leviathan and Tamar fields, and is progressively opening to competition, under the pressure from regulators.
-
-
Energy and Climate Databases
- The most comprehensive and up-to-date annual energy database.
- Monitoring of technology providers in H2 supply chain.
- Monthly energy data on key energy markets.
- The most reliable and up-to-date power generation database.
- The essentials of LNG trade at your fingertips.
- Global monitoring of new and existing refineries.
- Analyse energy consumption and efficiency trends at world level. Benchmark countries.
- Have your database developed by a recognised expert of both energy and IT.
-
Energy - Climate Forecasts
- Instant access to energy and emissions forecasts.
- Strategic, annual wholesale price projections backed by Enerdata's energy modelling expertise and our globally recognised POLES model.
- Wedges module showing a breakdown of the levers enabling to reduce emissions between two scenarios.
- Unique, independent projections of consumption by end-use.
- GHG Marginal Abatement Cost Curves.
- Benefit from proven models to draw your own energy scenarios and anticipate tomorrow’s challenges.
-
Market Intelligence
- 110 Energy and climate country reports
- A newsletter to receive the latest updates on evolving technologies and policies.
- Global energy news and analyses curated daily.
- Enerdata’s experts bring you the essentials about your market and competitors.
-
-
-
Market Analysis
- Understanding key consumption trends and drivers across sectors.
- Granular and exclusive insight to address the most pressing business and strategic issues.
- Expertise in strategic and business intelligence, with fine-tuning to the market’s specificities.
-
Energy - Climate Scenarios
- Providing the outlook of an energy commodity in mid to long term time horizons.
- Sector and driver specific energy demand forecasting.
- Assess the evolution of energy prices on the international and regional markets, as well as end-users prices.
- Enerdata guides you through pathways to reach climate targets.
- Supporting local authorities in their decarbonisation strategies.
-
Climate Strategy and Policy Evaluation
- Cutting-edge quantitative tools and relevant indicators to monitor and evaluate evolutions on worldwide energy markets.
- Analysis of the most cost-effective options to reduce emissions.
- Quantified simulation and analysis of pledges for climate change negotiations.
- Breakdown and analysis of carbon markets.
- Enerdata guides you on the most beneficial policy or investment options.
- Turning climate objectives into concrete action plans.
-
Training
- Understand different policy targets and measures on energy efficiency.
- How to measure energy savings?
- Energy Forecasting is a 2 days training to learn to design and interpret energy forecasts.
- Energy statistics training allowing to create energy balance with supply, transformation and consumption and understanding the international energy statistics regulations.
- Initiation to EnerMED level 1is the training to approach on the most powerful energy demand forecasting model.
-
-
Resource Centre