Country report
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34 Pages

Israel upstream summary

Israel upstream summary

Report summary

Since 2009, giant deepwater gas discoveries have transformed Israel's energy sector. Tamar, at 10 tcf, was brought onstream in 2013 and is expected to meet the bulk of Israel's domestic demand for the coming years. Leviathan, discovered in 2010, is almost 22 tcf and is expected to be developed incrementally through the domestic Israeli market and exports. Subsequent smaller discoveries have increased resources to nearly 36 tcf. Due to the regulatory stalemate since 2014, exploration ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 853.10 KB 34 Pages, 14 Tables, 17 Figures
  • Country Overview XLS - 556.00 KB

Description

Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Tectonic setting and regional stratigraphy
      • Onshore
      • Offshore
    • Main petroleum plays
      • Onshore - central Israel - Galil Rift Basin
      • Onshore - southern Israel - Negev platform/Sinai basin
      • Onshore - eastern Israel - Dead Sea rift
      • Offshore - Levantine Basin
    • Oil shale deposits
  • Exploration
    • Licensing
    • Introduction
      • Onshore
      • Offshore
      • Recent gas discoveries
    • Current Licensing
      • Preliminary permit
      • Exploration Licence
      • Recent Awards
      • Production Lease
    • Drilling
      • Drilling activity
      • Success rates
  • Reserves and resources
    • Technical Gas Reserves
      • Oil Shale
  • Production
    • Oil/liquids
    • Gas
  • Infrastructure
    • Introduction
    • Oil infrastructure
    • Oil Terminals
      • Eilat Oil Port and Terminals
      • Ashqelon Oil Port and Terminal
    • Refineries
      • Haifa
      • Ashdod
    • Gas infrastructure
      • Offshore
      • Onshore
      • Egyptian Imports
      • LNG receiving and regasification terminal
      • Proposed export pipelines
  • Policy and regulation
    • Key legislation
    • Regulatory body
      • Ministry of National Infrastructures (MNI)
      • National Gas Authority (NGA)
    • State oil company
    • State participation
    • Licensing
  • Fiscal terms
    • Overview
      • Upstream
      • Pipelines
    • Current fiscal terms
      • Concession Agreement
      • Contract Term
      • State Equity Participation
      • Bonuses, rentals and fees
      • Signature bonuses
      • Production bonuses
      • Training fees
      • Other fees and land rentals
      • Indirect Taxes
      • Import duties
      • Excise duty
      • Royalty and other production taxes
      • Royalty
      • Domestic Market Obligation (DMO)
      • Contractor Revenue Entitlement
      • Product Pricing
      • Liquids Pricing
      • Natural Gas Pricing
      • Corporate (or Petroleum) Income Tax
      • Tax Rate
      • Taxable Income
      • Depreciation
      • Loss Carry Forward
      • Additional Profit Taxes
      • Profits Levy
      • Dividend Withholding Tax
      • Sample Cash flow

In this report there are 31 tables or charts, including:

  • Executive summary
    • Gas Production
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Country Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2017
    • Liquids and Gas Production 2016
    • Net Acreage 2017
  • Geology
    • The sedimentary basins of Israel and the Levant margin
    • Generalised stratigraphy of Israel
    • Oil Shale Deposits
  • Exploration
    • Blocks Awarded by Sector
    • Israel block map
    • Exploration Drilling by Region
    • Exploration Drilling by Basin
    • Drilling Activity and Commercial Success Rates
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Liquids and Gas Reserves
    • Reserves and resources: Table 2
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquid Production
    • Production: Table 3
    • Production: Table 4
    • Gas Production
  • Infrastructure
    • Location Map
    • Infrastructure: Table 1
    • Infrastructure: Table 2
    • Infrastructure: Table 3
    • Infrastructure: Table 4
    • Infrastructure: Table 5
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • GEM models
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