MANAMA, BAHRAIN, June 28, 2012 (Press-News.org) PierMax is pleased to announce that, its large 2D seismic survey at Levant Basin in Isreal has completed successfully. After US Geological Survey (USGS) released a report that the Levant Basin contains almost 1.8 billion barrels of recoverable oil and an estimated 122 trillion cubic feet of natural gas PierMax initiated this seismic program in order to select some drilling locations to evaluate the oil potential in this zone. After receiving proper government authorizations it started the initial drilling process in early 2011.
The subsequent drilling phases included a first phase of multiple vertical wells to confirm the oil potential, followed by a second phase of horizontal drilling and completion thereafter. The drilling process was conducted in both onshore and offshore and included most of middle and northern Israel and costal Lebanon and Syria.
PierMax says the survey process was very complex due to different landscapes which had to be covered. Most of the exploration was performed in the onshore to prepare for drilling. PierMax specialists finalized the acquisition of 871 Km 2D seismic survey. The survey included areas with different dynamite seismic in the onshore and offshore of the basin. The whole survey process was performed without a single incident.
It also said that the geological work was conducted to confirm the significant potential of Levant Basin and the exploration of both shallow and deep prospects. Due to a slight delay in the PSA ratification, now it anticipates that the first well should be spudded by the end of 2012 and the second phase of exploration will immediately follow completion of the first.
PierMax completed Seismic Survey at Levant Basin
The subsequent drilling phases included a first phase of multiple vertical wells to confirm the oil potential, followed by a second phase of horizontal drilling and completion thereafter.
2012-06-28
ELSE PRESS RELEASES FROM THIS DATE:
UNE Partnerships Offers Discount for All June Enrolments
2012-06-28
Today's cutthroat corporate world needs employees to perform at their very best and keep up with the latest in management trends and skills. It was for this reason that UNE Partnerships, an education and training company of the University of England was established. And now, it seeks to provide more opportunities and make its services even better with a 10% discount on all enrolments for the entire month of June.
UNE Partnerships offers training and courses which develop skills that can be applied directly into the workplace, providing employees and organisations with ...
LSSP Corporation Offers the Best Electronic Document Management Software
2012-06-28
LSSP's electronic document management software (EDMS) provides solutions for managing documents from simple storage to enterprise solutions through desktop interface. Large companies implement EDMS to store and catalogue information, but the system is too expensive for smaller businesses. LSSP Corporation, however, offers fully featured document management solutions for small- and medium-sized business.
By the turn of the century, the cost of paper was affecting insurance companies, hospitals and medical practitioners, so veterans of health care industry founded the ...
BuySunglassesOnline.Com.Au Provides Quality Sunglasses at a Reduced Price
2012-06-28
26th June 2012 - BuySunglassesOnline.Com.au is a provider that provides high-quality Sunglasses at a price that is affordable to the average person. They have been able to put together an excellent assortment of different sunglasses that look great, are of high quality, and are able to be purchased at a fraction of the price that you would expect these sunglasses to go for. The company is able to position themselves at their current placement in the industry by providing very high quality products at a reduced cost.
Quality Sunglasses
They provide high-quality sunglasses ...
Lighting Solutions - Modern Floor Lamps Are the Way to Go
2012-06-28
A house becomes a home when an individual attached his emotion to them. It is a place where an individual celebrates his every success and at times feels more secured during failures. For making a house a home it is not just about settling down and leading a family life it is about every single material in the house that become a part of the emotional journey of life.
For some decorating their house is about pompous art pieces lying around. It is important to understand that decorating the house is a serious thing. Lamps are one of the most common things that would ...
Ventana Research Presents the 2012 Value Index for Total Compensation Management
2012-06-28
Ventana Research has released its 2012 Value Index for Total Compensation Management, the latest in a new category of quantified, research-based Indexes on technology vendors and products. This new Value Index provides guidance that will enable organizations to ascertain the value of software that enables and supports Total Compensation Management. Using the Value Index, businesses and their customer service, operations, finance and IT organizations will be able to evaluate vendors and their products as well as make choices based on an understanding of how well existing ...
Mobile Technology is Changing the Dining-Out Experience
2012-06-28
Dining out at a restaurant is an experience that almost everyone has been enjoying on a regular basis for the majority of their lives. While the basic idea behind eating out is still the same, the way it's done has started to change recently. With advancements in mobile technology, people are changing the way that they dine out. What exactly is changing thanks to mobile technology? Here are a view examples of how this technology has changed the way we go out to dinner.
Finding a Restaurant
One of the most noticeable differences is in how people actually find restaurants ...
Insure4USA Educates Consumers on How Anti-Theft Protection Devices Affect Car Insurance Rates
2012-06-28
One of the major risks that ever car owner faces apart from road accidents is car theft. Every city in the US has its fair share of car owners who are victims of auto theft. In an article recently published by Insure4USA.com, one of the leading online insurance services in the country, the company discusses the impact of auto theft on car insurance rates. According to statistics released by USA Census (http://www.census.gov), 219 of every 100,000 vehicles are reported stolen annually. One of the ways to reduce the risk of car theft is to install an anti-theft device, a ...
City Government Bringing the Heat on Shop Owners Who Share AC
2012-06-28
More than forty New York businesses have been deemed by officials to be too wasteful, leaving their doors open to let the cool air spill out onto the sidewalks in waves of thriftless arrogance. Just in time for us to enjoy lunch, temperatures were soaring well in to the 90's while these local businesses frivolously consumed massive amounts of extra energy spanning Broadway for four blocks, from Houston to Grand Streets in SoHo.
West 34th had a similar situation in an area synonymous with tourists & chain stores. Between Fifth Avenue and Avenues of the Americas, ...
Covington Who's Who Selects Sherri McClane as an Executive Member of the Executive and Professional Registry
2012-06-28
Sherri McClane, Medical Technician for Electra Memorial Hospital, has been selected as an Executive Member of the Covington Who's Who Executive and Professional Registry. The selection recognizes Sherri McClane's commitment to excellence in Healthcare.
McClane, who began working in her field in the early 1990s, currently serves as a medical technician overseeing phlebotomy, running and monitoring test results, monitoring quality control, and all aspects of lab work on a daily, weekly, monthly, and yearly basis. She also draws blood and handles other duties as needed.
"I ...
Covington Who's Who Selects Rodger S. Fowler as an Executive Member of the Executive and Professional Registry
2012-06-28
Rodger S. Fowler, who worked for Radio Corporation of American International, has been selected as an Executive Member of the Covington Who's Who Executive and Professional Registry. The selection recognizes Rodger S. Fowler's commitment to excellence in Aviation.
Beginning in 1954, just after graduating high school, Fowler began working in construction building launch support buildings at Cape Canaveral AAF in Florida. He continued in the field until 1956 when he began working for Radio Corporation of America International, where he remained until retirement.
Having ...
LAST 30 PRESS RELEASES:
Milky Way-like galaxy M83 consumes high-speed clouds
Study: What we learned from record-breaking 2021 heat wave and what we can expect in the future
Transforming treatment outcomes for people with OCD
Damage from smoke and respiratory viruses mitigated in mice via a common signaling pathway
New software tool could help better understand childhood cancer
Healthy lifestyle linked to lower diverticulitis risk, irrespective of genetic susceptibility
Women 65+ still at heightened risk of cervical cancer caused by HPV
‘Inflammatory’ diet during pregnancy may raise child’s diabetes type 1 risk
Effective therapies needed to halt rise in eco-anxiety, says psychology professor
Nature-friendly farming boosts biodiversity and yields but may require new subsidies
Against the odds: Endometriosis linked to four times higher pregnancy rates than other causes of infertility, new study reveals
Microplastics discovered in human reproductive fluids, new study reveals
Family ties and firm performance: How cousin marriage traditions shape informal businesses in Africa
Novel flu vaccine adjuvant improves protection against influenza viruses, study finds
Manipulation of light at the nanoscale helps advance biosensing
New mechanism discovered in ovarian cancer peritoneal metastasis: YWHAB restriction drives stemness and chemoresistance
New study links blood metabolites and immune cells to increased risk of urolithiasis
Pyruvate identified as a promising therapeutic agent for ulcerative colitis by targeting cytosolic phospholipase A2
New insights into the clinical impact of IKBKG mutations: Understanding the mechanisms behind rare immunodeficiency syndromes
Displays, imaging and sensing: New blue fluorophore breaks efficiency records in both solids and solutions
Sugar, the hidden thermostat in plants
Personality can explain why some CEOs earn higher salaries
This puzzle game shows kids how they’re smarter than AI
Study suggests remembrances of dead played role in rise of architecture in Andean region
Brain stimulation can boost math learning in people with weaker neural connections
Inhibiting enzyme could halt cell death in Parkinson’s disease, study finds
Neurotechnology reverses biological disadvantage in maths learning
UNDER EMBARGO: Neurotechnology reverses biological disadvantage in maths learning
Scientists target ‘molecular machine’ in the war against antimicrobial resistance
Extending classical CNOP method for deep-learning atmospheric and oceanic forecasting
[Press-News.org] PierMax completed Seismic Survey at Levant BasinThe subsequent drilling phases included a first phase of multiple vertical wells to confirm the oil potential, followed by a second phase of horizontal drilling and completion thereafter.