The number of heavy oil drilling rigs in Israel will be doubled during the coming half-year and the search for oil will be intensified, it was learned here today in the wake of the recent discovery of Israel’s first oil in commercial quantities.
One of the most intensive projects is lined up for the Heletz sector where the Lapidoth company brought in its first well and where that will be deepened as a new one is bored nearby in the hopes of opening up a vast underground pool in the strata just below that one in which oil was found. Geologists and prospectors are also very hopeful over drillings halfway between Sdom and Ein Gedi.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.