Sound Energy to Mobilize Rig to Morocco’s Sidi Moktar

Sound Energy to Mobilize Rig to Morocco’s Sidi Moktar

Sound Energy, the African and European focused upstream gas company, recently announced in a press release the mobilization of a rig to the company’s Sidi Moktar asset, onshore Morocco, World Oil reported.

According to Oilfield Technology, the company announced that the mobilized rig is the SAIPEM rig used to drill the firm’s most recent Tendrara well (TE-8), which will, upon arrival in May 2017, execute the re-entering and testing of the two existing wells on the Kechoula discovery.

Two wells have already been drilled by previous operators and have been estimated to have an unrisked mid case original gas in place (GOIP) of 293bscf (gross).

Sound Energy previously announced that the Sidi Moktar licenses are also estimated, similar to the company’s Eastern Morocco positions, to have significant pre-Jurassic exploration potential from the TAGI and Paleozoic in excess of 1tcf unrisked GOIP (gross).

Referring to quantitative assessment prepared by a previous operator in 1998, the exploration potential of the Sidi Moktar licences may reach up to 9tcf unrisked GOIP (gross) in the TAGI and Paleozoic.

However, the Company will require the reprocessing of existing 2D seismic, the acquisition of new 2D seismic, and the drilling results before forming its own volume estimates for the exploration potential of the Sidi Moktar licenses.

Mariana Somensi 890 Posts

Mariana holds a Journalism Bachelor Degree from the State University of Londrina, Brazil. The Brazilian journalist has 4 years of experience on the MENA region's affairs and over a year of experience on the oil and gas industry.


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