Geologists predicted today that Israel’s second oil field at Negba in the Negev will produce five percent of Israel’s domestic consumption needs by the end of this year. Israel’s first oil field at Heletz now yields 10 percent of the country’s requirements.
The geologists were especially encouraged by the fact that the first oil from Negba 3 drilling was fairly pure and free of salt water found in earlier wells. The Lapidot Israel Oil Prospectors Ltd., which owns the Heletz field and which carried out the initial Negba drillings began an immediate program of exploration for new drilling sites to determine the area of the new field.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
