Sound Energy said it has confirmed a significant gas discovery and a potential single gas column at its Tendrara license in Morocco, the company said in a news release.
The TE-6 well encountered the top of the structure and about 28 m of net gas pay in the TAGI reservoir after drilling to a measured vertical depth of 2,665 m. A stabilized gas flow rate of 17 MMscf/d was reached on Aug. 7, the company said, noting the results “represents a highly commercial rate.”
“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,” Sound Energy CEO James Parsons said in the release.
In addition, Sound Energy reported a reservoir bottom-hole pressure of 420 bars and said the recorded static pressure correlates, in terms of gas gradient, with wells previously drilled in the area.
“The combination of these factors together with the fact that none of the historically drilled wells on the license have identified a gas/water contact, suggests the possibility of a significant gas column within a continuous extended structure,” Sound Energy said in the release.
Working with Schlumberger, Sound Energy is gearing up for the second well at Tendrara. TE-7 is located about 1.3 km from TE-6. Plans are to utilize sub-horizontal drilling techniques aimed at increasing the well flow rate. Following this, the company said an extended well test will be conducted. Drilling is set to begin sometime this month.
Until the results of TE-7 are confirmed, TE-6 will be suspended, according to the release. Once the results are confirmed, the company said it plans to apply for a production concession and start detailed engineering for construction of the necessary infrastructure.
Sound Energy has a net effective interest of 27.5% in the Tendrara license, the release said.
Recommended Reading
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
Geologist James Parr Joins Ring as EVP of Exploration, Geosciences
2024-11-26 - James Parr joins Ring Energy with over 30 years of experience as a petroleum geologist and leader in multiple energy organizations.
Equinor Exercises Option for Three Havila Vessels
2024-11-26 - Equinor ASA uses the vessels to support its North Atlantic, North Sea platforms.