Karish Oil and Gas Field (Israel)

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Karish Oil and Gas Field (כריש) is an operating oil and gas field in Israel.

Along with Karish North Oil and Gas Field (Israel) and Tanin Oil and Gas Field (Israel), Karish is a part of the Karish-Tanin complex.

Project Details

Main Data

Table 1: Field-level project details for Karish Oil and Gas Field

*Final Investment Decision

Unit name	Status	Operator	Owner	Discovery year	FID* year	Production start year
Karish	Operating	Energean	Energean (100.0%)	2013	2017	2022

Production and Reserves

Table 2: Reserves of Karish Oil and Gas Field

million m³ = million cubic meters

million bbl = million barrels of oil

Fuel Description	Reserve Classification	Quantity	Units	Data Year	Source
gas	2P reserves	39926.38	million m³	2020
gas	2P reserves	102000	million m³	2022
oil	2P reserves	61	million bbl	2020

Table 3: Production from Karish Oil and Gas Field

million m³/y = million cubic meters per year

Category	Fuel Description	Quantity	Units	Data Year	Source
production	gas	300	million m³/y	2022

Location

Table 4: field-level location details for Karish Oil and Gas Field

Location	Coordinates (WGS 84)
Offshore, Israel	33.2283, 34.289 (exact)

The map below shows the exact location of the field(s) within the Karish-Tanin complex:

Loading map...

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Background

The Karish gas field was discovered in 2011. The Final Investment Decision for the development project was made in March 2018. According to Energean, "the Karish main field will be the first asset to be developed in the Karish and Tanin blocks by the Group. Karish was selected as the initial development as it is the largest discovery, is expected to provide the highest yield of liquid per volume of produced gas and is the closest discovery to shore."

According to NS Energy, "a group of four banks including Morgan Stanley, Natixis, Bank Hapoalim, and Societe Generale agreed to provide a senior credit facility of approximately £924m ($1.275bn) for the Karish gas field development project in March 2018". The project is expected to begin producing gas in 2021.

Energean "delivered first gas from the Karish field offshore Israel through its Energean Power floating production, storage and offloading (FPSO) unit: in October 2022.

Articles and Resources

Additional data

To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.