Question-and-Answer Session
Operator
Thank you, sir. (Operator instructions) We will now take our first question from David Kistler with Simmons & Company.
David Kistler – Simmons & Company
Good morning guys.
Chuck Davidson
Good morning.
Chris Tong
Good morning.
David Kistler – Simmons & Company
Congratulations Dave on the promotion. Really quickly, you’ve reduced the capital spending, and you're also reallocating capital from US, probably gas levered projects to the international portfolio. Can you kind of basically walk us through step-by-step those capital reallocations so we have a sense of magnitude?
Chris Tong
Yes David. I think what – on the ones I mentioned that was prior and most significant was the follow-up to the initial Tamar success in Israel, and I talked about was probably moved close to little under $100 million. I think it is at $85 million for the follow-up completion of the original Tamar well, the drilling of Dalit, and then the seismic program we’re getting started there. So that's probably the biggest peace. I think when you look at some other pieces internationally we see, we are going to put a little more money into China. When we look at some of these horizontal redrills, for example we can drill a well for $10 million to $12 million, pickup 2 million barrels of reserves and bring them on at 1500 barrels to 3000 barrels a day.
So that makes a lot of sense to put a little more money there. So that will probably go up $20 million to $30 million, $40 million. You know, we get two or three or four wells additional wells drilled over there. I think when you look at US, why the price has gone down and some of the gas drilling particularly in the Rockies area. As we mentioned earlier, we are going to keep our focus on US onshore mainly in the projects that have you know, a nice mix of liquid. That would be our western Oklahoma and Wattenberg programs. I think that's probably we’re seeing most of the shifts from US onshore gas drilling over to some other things like the Israel, and some of these projects in China.
David Kistler – Simmons & Company
Okay, and then the $200 million reduction in Capex, is that essentially is that cap fragment service cost reductions, because it just seems like some capital is getting reallocated internationally, but then there is another chunk that is just getting slashed.
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