SDX Energy’s KSR-16 development well has encountered gas on the Sebou permit in Morocco, the company said Dec. 11.
The well was drilled to a total depth of 1,896 m (6220 ft) and encountered 14.2 m (46.58 ft) of net conventional natural gas pay in the Hoot Formation.
The company expects that the well will be connected to the existing infrastructure and placed on production within the next 30 days.
“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%,” Paul Welch, SDX’s president and CEO, said. “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.”
The drilling rig will now move to the ELQ-1 prospect on the Gharb Centre permit and drill the first commitment well on this recently acquired license.
The recently completed KSR-15 well has been connected to the existing infrastructure and it is anticipated that test production will commence early next week.
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