Woodside has apparently put in a bid of $2.5 billion for the Leviathan gas field 130 km offshore from Israel.
It is supposed to contain 480 billion c metres of gas which converts to around 17 trillion C feet of gas.
Now is Reg Nelson telling us that there could be 300TCF possibly in both 218 and 855??
I realize that this is not "reserve" or "recoverable" and that could be diluted down to less than 80 TCF each, but, it is onshore, right next to existing infrastructure, so, does that gives us any insight to what value someone like Woodside could place on 218 and 855?
Again, I am only quoting what is on the public record and am drawing no conclusions, just putting the question for people to consider.
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