Globe Exploration LP
  • About
    • Board
    • Our Team
    • Our Vision
    • Contact Us
  • Concept
    • On-Shore Prospective
    • Exploration Target – Triassic
    • Exploration Target – Permian
  • Projects
    • New Ofek 405
    • New Yahel 406
    • Escolle, Santa-Barbara
  • Overview
    • Operating Environment – Israel
    • Operating Environment – USA
    • HSE
  • Investor Relations
    • Holding Structure
    • News
    • Reports
  • עבריתעברית
  • About
    • Board
    • Our Team
    • Our Vision
    • Contact Us
  • Concept
    • On-Shore Prospective
    • Exploration Target – Triassic
    • Exploration Target – Permian
  • Projects
    • New Ofek 405
    • New Yahel 406
    • Escolle, Santa-Barbara
  • Overview
    • Operating Environment – Israel
    • Operating Environment – USA
    • HSE
  • Investor Relations
    • Holding Structure
    • News
    • Reports
  • עבריתעברית
Globe Exploration LP
  • About
    • Board
    • Our Team
    • Our Vision
    • Contact Us
  • Concept
    • On-Shore Prospective
    • Exploration Target – Triassic
    • Exploration Target – Permian
  • Projects
    • New Ofek 405
    • New Yahel 406
    • Escolle, Santa-Barbara
  • Overview
    • Operating Environment – Israel
    • Operating Environment – USA
    • HSE
  • Investor Relations
    • Holding Structure
    • News
    • Reports
  • עבריתעברית
  • About
    • Board
    • Our Team
    • Our Vision
    • Contact Us
  • Concept
    • On-Shore Prospective
    • Exploration Target – Triassic
    • Exploration Target – Permian
  • Projects
    • New Ofek 405
    • New Yahel 406
    • Escolle, Santa-Barbara
  • Overview
    • Operating Environment – Israel
    • Operating Environment – USA
    • HSE
  • Investor Relations
    • Holding Structure
    • News
    • Reports
  • עבריתעברית
New Ofek 405
Home » New Ofek 405

Permian & Triassic: Catching two birds with one rig

In this promising New Ofek license, we can find both GOE’s exploration targets.

Permian; In the 1990’s, after drilling of David 1 well, a few kilometers south of the Ben-Gurion Airport, it became to be a known fact that hydrocarbon bearing deep-lying Triassic and Permian formations exists in this area.

Triassic; In addition to David 1 as mentioned hereto, the New Ofek license is located south east to a Triassic producing oil field – Meged oil Field.

Unfortunately, David 1, which was drilled by a previous operator, had challenging wellbore geometry and casing design which prevented, in return, to perform any production tests.

New Ofek 405 – License map

Ofek2ST was effectively drilled

by GOE to a total depth of 5,950m as a re-entry and a side track along David 1 well and is currently the northernmost exploration well in Israel ever penetrated successfully all the way down the Upper Permian Formations.

The outcome included strong hydrocarbons indications by gas detectors and electric logs both in the Permian and the Triassic formations.

Limited Permian open hole test that were carried out under pressure of time in limited budget  and with severe technical constraints, couldn’t be concluded nor conclusive.

Ofek-2ST during drilling and getting to target Depth

Pending Extensive Production tests

The Ofek2ST well needs to go through conclusive production tests using acid frac’ stimulation in both prospective zones. Considering the nature of the reservoir rock, GOE’s experts are looking forward to revealing the promising immense potential.

Structure Map

The figure shows the influence of Mid Triassic, Late Jurassic and then post-Turonian strong compressive left lateral shear immediately west and south of Ofek-2ST. This would have the effect of increasing the prospectivity of the New Ofek license.

Prospective Resources of New Ofek license

1 Probability of geological success.

2 For 100% of the license.

  • New Ofek 405
  • New Yahel 406
  • Escolle, Santa-Barbara
| +972 (3) 614-1856 | 5 Zadal Street Rishon LeZion, Israel | contact@goe.co.il | Terms of use | Forward Looking Statements |
Webuildit
Scroll to top
Skip to content
Open toolbar

Accessibility Tools

  • Increase Text
  • Decrease Text
  • Grayscale
  • High Contrast
  • Negative Contrast
  • Light Background
  • Links Underline
  • Readable Font
  • Reset