SDX to Increase Natural Gas Gross Production from Morocco

SDX to Increase Natural Gas Gross Production from Morocco

SDX Energy Incorporation announced plans to increase its natural gas gross production from Morocco to reach between 8 million standard cubic feet per day (mscf/d) and 10 mscf/d by the end of 2018, Egypt Oil & Gas reports.

The company’s nine well drilling program in Morocco is ongoing in 2018, with the drilling of two exploration wells, LNB-1 and LMS-1, the drilling of two development wells, KSS-2 and SAH-1, and the testing and tie-in of the most recent discovery, ONZ-7.

The gross drilling cost for the wells is seen to reach around $13 million, according to Bloomberg.

SDX is further targeting to conduct a 3D seismic survey on 240 km2 in its Rharb Center concession, with cost estimated at $6.5 million.

SDX announced early January the completion of the KSR-16 well on the Sebou permit in Morocco, which has been tested at a conventional natural gas restricted average flow rate into the sales line of 8.43 mscf/d. The well was placed on production, Egypt Oil & Gas reported.

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Sarah Samir 3751 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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