Noble Energy Inc. aims to start production from the giant Leviathan natural gas field in the Mediterranean Sea offshore Israel in December, the Houston-based company said Nov. 7.

The field, discovered in 2010, is estimated to hold 22 trillion cubic feet (Tcf) of recoverable natural gas resources.

The project is running ahead of schedule and is $150 million under budget with total cost now at $3.6 billion, Noble said.

Already have an account? Log In

Thanks for reading Hart Energy.

Subscribe now to get unmatched coverage of the oil and gas industry’s entire landscape.

Get Access