Jul. 2012 - Delek Group has reported details on the Tanin reservoir, specifically, 81 percent of the high estimate of Tanin's contingent resources is within the Alon A licenses, and that the rest is within the Alon B and Amit licenses. The low and best estimates are wholly within the Alon A license, stated Netherland Sewell & Associates. NSAI contingent estimates for Tanin are as follows: low estimate of 160 billion cubic feet (Bcf); best estimate of 592 Bcf, and a high estimate of 1,035 Bcf. The prospective estimates are: low estimate of 359 Bcf; best estimate of 471 Bcf, and a high estimate of 607 Bcf. The best estimate for Tanin's proven and contingent reserves makes it the third largest natural gas discovery after Delek and Noble Energy's Tamar and Leviathan discoveries of 9.7 trillion cubic feet and 17 trillion cubic feet, respectively.

Feb. 2012 - Noble Energy has made a natural gas discovery at the Tanin prospect offshore Israel. The discovery well, drilled by the ENSCO 5006 (DW semisub), reached a depth of 18,212 feet (5,551 meters) and encountered about 130 feet (40 meters) of gross natural gas pay in high-quality lower Miocene sands. Gross resources are estimated at .9 and 1.4 Tcf with a gross mean of 1.2 Tcf. Noble said this discovery de-risks other prospects located in the vicinity of Tanin. The Tanin well is located in the Alon A license, about 13 miles (21 kilometers) northwest of the Tamar field, in 5,100 feet (1,555 meters) of water.