UK-based oil and gas company SDX Energy has discovered gas at its KSR-16 development well on the Sebou permit in Morocco.
Drilled to a total depth of 1,896m, the KSR-16 well encountered 14.2m of net conventional natural gas pay in the Hoot formation.
The well is expected to be connected to the existing infrastructure and placed on production within the next 30 days.
SDX Energy president and CEO Paul Welch said: “We are pleased to have made another discovery during our ongoing nine well drilling campaign, with this well exceeding our pre-drill net pay estimates by more than 50%.
“Our drilling activity in Morocco is off to an excellent start and provides us with renewed confidence in the overall programme.
“The succession of above expectation well results allows us to accelerate our new customer acquisition activities and may result in us bringing forward the start of our forecast increased gas sales. I look forward to reporting on our progress in this regard and the test results of the KSR-16 well in due course.”
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By GlobalDataThe company will now move the drilling rig to the ELQ-1 prospect on the Gharb Centre permit and drill the first commitment well on the recently acquired licence.
It has a 75% working interest in the permit.
According to the company, the recently completed KSR-15 well has been connected to the existing infrastructure.
Test production at the well is expected to begin next week.
