TEL AVIV (Nov. 29)
An oil prospecting company reported today that a new fuel gas well in Mount Canaim in the northeast section of the Negev has begun to yield an unexpectedly large quantity of fuel.
Officials of the Noch’s Oil Prospecting Company said that the gas yield equals in energy the entire output of oil at the Heletz field. The oil yield is currently 400 tons of crude daily and the first measurements of the Canaim fuel gas well indicates a yield of 15,000,000 cubic feet of gas.
The new gas find was located in an area with indications of other underground gas deposits but company officials decided to concentrate on the new well for the time being. The discovery reportedly opened large-scale opportunities for Negev industrialization.
Officials also said preliminary plans had been made for a six-inch gas pipeline to phosphate beds and farther on to Dimona and the Arad area. Beersheba also was reported under consideration as a terminal for the projected fuel gas pipeline.