Ratio Energies - Limited Partnership — Cyborg Score 7/10
Strong
Oil & Gas Exploration & Production
Strategic Profile
Ratio discovered Leviathan in 2010, one of the world's largest deepwater natural gas finds with estimated reserves of approximately 21.8 TCF and 48 million barrels of condensate, with commercial production beginning in December 2019. The company supplies gas to the Israeli domestic market and exports to Jordan and Egypt.
Cyborg Score Rationale
Ratio operates a world-class asset in Leviathan with over 21.8 TCF of reserves and steady production generating exports revenue. The company benefits from strategic partnerships with major international players like Chevron and stable supply contracts in Israel and the region.
Top Insights
Leviathan is one of the world's largest deepwater natural gas discoveries with ~21.8 TCF reserves producing since late 2019
Company continues Mediterranean expansion through new exploration licenses and strategic partnerships including international partners like ENI and Dana Petroleum
Ratio holds 20% stake in Ratio Petroleum Energy engaged in international oil and gas exploration
Leviathan partners approved FID for third pipeline expansion to increase capacity to approximately 14 BCM per year
Named Competitors
Leviathan Partners — Co-development partners on Leviathan project
Regional E&P — Competing gas and oil exploration operators
International E&P — Partners in new offshore exploration blocks
Recent Developments
(February 2022) Company rebranded from Ratio Oil Explorations to Ratio Energies - Limited Partnership
(2023-2024) Leviathan production expansion and third pipeline FID approved
(2024) Strategic gas export agreement signed to increase deliveries to Egypt via Arab Gas Pipeline
Open the full interactive Ratio Energies - Limited Partnership report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.