Oil was struck here today at the Lapidot Oil Company’s Well Number 5, in the Kochav oil field, at a depth of 5,000 feet. This was the first of Israel’s wells where a gusher of oil resulted from a drill stem test, and indicates that no pumping will be necessary as in other wells. It was also hoped that, since the layer was found at a more shallow depth than other wells, the drilling may be nearing the crest of an oil structure.
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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.
