Tag Archives: oil found in israel
15 May 2009 – Operations Update # 1
The drilling operations of the Ma’anit-Rehoboth #2 well can be divided into eight distinct steps:
(1) Re-entering the Ma’anit #1 wellbore and cutting and retrieving the 7 inch casing from 3,000 meters.… Continue reading »
Zion Oil & Gas Reports First Quarter Results
Dallas, Texas and Caesarea, Israel – May 15, 2009: Zion Oil & Gas, Inc. (NYSE Amex: ZN) reported today its results for the quarter ended March 31, 2009. The company reported a net loss of $916,000 or $(0.08) per share for the … Continue reading »
Drilling Operations have Commenced
Dallas, Texas and Caesarea, Israel – May 4, 2009 – Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today that drilling operations have begun on its Ma’anit-Rehoboth #2 well.… Continue reading »
28 Apr 2009 – Rigging Up Continues
As you can see we are still in Rigging Up mode. To get an idea of just how big this equipment is, Zion’s CEO, Richard Rinberg, stands near one of the rigs tanks.… Continue reading »
26 Apr 2009 – Rig Tower in Horizontal Position
The Tower of the Rig is shown in its horizontal position. The handrails and crown lighting must be connected before raising the mast. Also shown are the water tanks and mud pumps.… Continue reading »
23 Apr 2009 – Rigging Up Continued
Here you can see the Crown Block and Water Table which is an assembly of sheaves or pulleys mounted on beams at the top of the derrick. The drilling line is run over the sheaves down to the hoisting drum. … Continue reading »
22 Apr 2009 – Rigging Up
The beginning stages of Rigging Up. Below is the US Department of Labor’s definition of Rig Up:
rig up v: to prepare the drilling rig for making hole, for example, to install tools and machinery before drilling is started.… Continue reading »
21 Apr 2009 – Rig Arrives at Ma’anit-Rehoboth 2
The first 13 loads arrived by truck on location and were unloaded. The remaining loads followed and the rig was completely unloaded by 22 Apr 2009.… Continue reading »
20 Apr 2009 – Loading Rig onto Ship in Turkey
The following images show (i) the rig in Haifa shipyard being staged for loading (ii) the ship docked in Haifa and (iii) the rig in the cargo bays on the ship.… Continue reading »
Drilling Schedule Updated: 2,000 Horsepower Drilling Rig Arrives in Israel
Dallas, Texas and Caesarea, Israel – April 20, 2009 – Zion Oil & Gas, Inc. (NYSE Amex: ZN) announced today updated information regarding the import into Israel of a drilling rig and crews owned and employed by Aladdin Middle East Ltd (AME). AME … Continue reading »
