Sound Energy Announces New Gas Discovery in Morocco

The latest findings of Sound Energy’s TE-8 drill in the Westphalian and TAGI reservoir sands have confirmed the existence of a “very significant” gas column across Tendrara, according to a press release issued by the company Tuesday.

After announcing that it had completed drilling of the TE-8 well last week, reaching its target depth of 3,120 meters, Sound Energy has now completed the logging phase, making use of the Saturn 3D Radial Probe MDT. The British-based upstream gas company has thus confirmed the gas shows previously observed during the drilling stage.

The confirmation bodes well for Morocco. In the press release, Sound Energy’s Chief Executive explained that the “TE-8 has now established that the primary hydrocarbon system proven in Algeria extends into the more favourable Moroccan licence and fiscal regime.”

The company has also confirmed the identification of a full sequence of thick TAGI reservoir sands. The reservoir is thought to extend 12 kilometers to the northeast of the company’s two previous wells at Tendrara.

Although the extent of the gas column in TE-8 is still being evaluated, the logging results are consistent with “a very significant single gas column across Tendrara and Meridija.”

The next steps will involve taking sidewall core samples. At that point, the TE-8 well will be suspended as the company prepares for future operations. The company will update its static geological models and volumetric evaluation. The immediate re-entry of the TE-1 well, drilled by Agip in 1966 and located at the southern area of the Tendrara license, will likely be engaged.

The company and investors are “delighted” with the results, which confirm their previously published estimation that “TE-8 is a highly significant well for the company as we seek to derisk our transformational Eastern Morocco Position.”

However, the company noted that the gas found in the reservoirs is of lower quality and would require additional mechanical stimulation.

TE-8 is the third well Sound Energy has drilled on the license after the TE-6 and TE-7 wells, whose production tests concluded with successful results. Sound Energy intended for TE-8 to prove the volume of additional gas in the TAGI (Trias Argilo-Gréseux Inférieur) reservoir through deeper drilling in the Paleozoic formation, according to the statement.

The Tendrara Licence covers an area of 14,500 km2 in the Eastern Region, in the northeast of Morocco. 55% of the region’s drilling is operated by Sound Energy, with the rest run by ONHYM (25%) and OGIF (20%).

Source :Morocco World News