In just six weeks from 1st July, Givot Olam Oil produced 35,000 barrels of oil from the Meged 5 well. There are at least another 2.6 million barrels to tap and probably another 7.9 million.
http://www.globes.co.il/serveen/globes/docview.asp?did=1000675839&fid=1725
http://www.globes.co.il/serveen/globes/docview.asp?did=1000675873&fid=1725