Israel imports most of its oil and gas from its resource-rich neighbours.
But oil exploration company Givot Olam has reported the discovery of large reserves in the Meged field.
The field sits on the 1948 armastice line with the occupied West Bank.
But Palestinians say the company is already drilling across that border.
Al Jazeera's Tom Ackerman reports from Rantis.
Source: Al Jazeera