The Leviathan partners (Noble Energy 39.66%, Delek Drilling 22.67%, Avner Oil & Gas 22.67%, and Ratio 15%) have filed an expanded version of the Leviathan gas field's development with the Supervisor of Petroleum at the Ministry of National Infrastructure, Energy and Water Resources of Israel.
Partners aim to accelerate the development of the offshore gas field to have it on stream by 2019. It would include eight production drillings with a combined production capacity of 21 bcm/year (the initial development plan called for a production level of 16 bcm/year). Gas would be transported to mainland through a gas pipeline and up to 12 bcm/year could be exported to neighbouring countries; the platform could also have an additional exit point to deliver another 12 bcm/year to a country in the region. Total investment is estimated at US$5-6bn, lower than the initial estimate of US$6-7bn.
The Leviathan gas field was discovered in 2010 and is estimated to hold 620 bcm of gas reserves.