Africa-focused transitional energy group Chariot has started drilling operations on the Anchois East well, now named Anchois-3, and situated offshore Morocco.
Drilling and flow testing operations are predicted to take approximately two months, the company said in a statement on Tuesday, with Chariot covering the anticipated costs of the drilling campaign.
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Anchois-3 is a multi-objective well with four operational phases. The first phase will see an initial pilot hole drilled to evaluate the potential of the Anchois Footwall prospect.
In the second phase, a side-track will be drilled to further evaluate the discovered gas sands in the Anchois field.
The deeper Anchois North Flank prospect will then be drilled, which has an additional 2U prospective resource estimate of 213 billion cubic feet(Bcf).
The final two stages will execute a flow test on selected encountered gas sands to evaluate reservoir and well productivity and the suspension of the well to enable its use as a potential future producer.
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By GlobalDataChariot CEO Adonis Pouroulis said: “We see significant upside potential and value from the prospective resources in the pilot hole and main hole targets, which could increase the resource base to over 1Tcf.”
Chariot owns 30% of the Anchois gas project in the Lixus offshore licence. International hydrocarbon exploration and production company Energean owns 45% while 25% is owned by ONHYM, the National Oil Company of Morocco.
According to research by Offshore Technology’s parent company, GlobalData, Anchois was discovered in 2009 and lies in a water depth of around 1,273ft.
The project is expected to start commercial production in 2025 and production will continue until the field reaches its economic limit in 2038, reported GlobalData.
