Mediterranean focused upstream gas company Sound Energy plc announced Monday that it has made a “significant gas discovery” at the Tendrara license, onshore Morocco.
The first Tendrara well, TE-6, which was drilled to a measured vertical depth of 8,743 feet, achieved a stabilized gas flow rate of 17 million cubic feet per day. This was “significantly above initial expectations and represents a highly commercial rate,” according to Sound.
The company, together with Schlumberger, is now preparing to drill a second well at Tendrara (TE-7, located approximately one mile 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 Sound expects to apply for a production concession and commence detailed engineering for construction of the necessary infrastructure, which Oil & Gas Investment Fund (OGIF), one of the company's partners, has already indicated an interest in funding, constructing and operating.
“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,” said James Parsons, Sound Energy CEO.
“We shall now, together with Schlumberger, proceed with the second well and a further outpost well, which will provide further insight on the long term potential," he added.
Sound has a net effective interest of 27.5 percent in the Tendrara license.