📋 Tender Overview
Scope of Work:
Tanin conventional gas development project.
Description:
Tanin is a conventional gas development located in ultra-deepwater in Israel and is operated by Energean Israel. Discovered in 2012, Tanin lies in block I/16 Tanin, with water depth of around 5,100 feet. The project is expected to start commercial production in 2027. The development cost is expected to be $301 m. The Tanin conventional gas development will involve the drilling of approximately three wells and includes subsea manifold and subsea trees.
Production from the Tanin conventional gas development project is expected to begin in 2027 and is forecast to peak in 2029, to approximately 1,920 bpd of crude oil and condensate and 400 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2042. The field is expected to recover 166.79 Mmboe, comprised of 4.74 Mmbbl of crude oil & condensate and 972.25 bcf of natural gas reserves.
