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British Company Announces Gas Discovery in Morocco

sound-energyBritish Sound Energy has announced a gas discovery on its Tendrara licence onshore northeast Morocco and plans to drill two more wells there this year.

Its TE-6 well achieved a stabilized gas flow rate, post stimulation, of 17m standard cubic feet per day, which is “significantly above” initial expectations and represents a highly commercial rate.

Tendrara well, UK’s first in Morocco, was drilled to a measured vertical depth of 2,665 meters, and encountered the top of the structure and approximately 28 meters of net gas pay.

Sound Energy said the discovery could comprise a significant gas column within a continuous extended structure.

Together with Schlumberger, Sound Energy is now preparing the second well at Tendrara, TE-7; using sub-horizontal drilling techniques, which are expected to significantly increase the individual well flow rate in a success case.

Chief executive officer James Parsons said: “I believe Tendrara, Meridja and the Eastern Morocco TAGI play have the potential to be a material hydrocarbon province on a regional scale and therefore to transform both Sound Energy and the Moroccan gas industry.”

Short URL: http://me-confidential.com/?p=13370

Posted by on Aug 8 2016. Filed under Energy, Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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