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Sound Energy discovers gas onshore Moroccan licence

Gas

Sound Energy, the European/Mediterranean focused upstream gas company, has confirmed a significant gas discovery and a potential single gas column at the its Tendrara Licence, onshore Morocco

The first Tendrara well, TE-6, was drilled to a measured vertical depth of 2,665 metres, encountered the top of the structure and approximately 28 metres of net gas pay in the TAGI reservoir.

The company has now completed operations and has achieved a stabilised gas flow rate, post stimulation, of 500,000 cu/m per day.

Sound Energy, together with Schlumberger, is now preparing for the second well at Tendrara (TE-7), located approximately 1.3km from TE-6, using sub-horizontal drilling techniques, which are expected to significantly increase the individual well flow rate in a success case. This will be followed by an extended well test. The rig-up process at TE-7 is already complete and drilling is expected to commence during August 2016.

TE-6 will be suspended until the results of TE-7 are confirmed, at which point the company expects to apply for a production concession and commence detailed engineering for construction of the necessary infrastructure.

Sound Energy CEO 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.”

The company has a net effective interest of 27.5 per cent in the Tendrara licence.