Report: Gulliver Gas Field Small, but Accessible

Offshore field's proximity to proposed terminal near Michmoret beach drives production costs down

The offshore Gulliver license has a 25% potential for holding a best estimate of 2.87 billion cubic meters of natural gas according to its prospective resources report. This would make it a relatively small reserve, with gas valued at $560 million. The Tethys Sea reserve, by comparison, yielded over 10 times this amount − 33 BCM.