Sound's Moroccan Well Test Disappoints
London-listed Sound Energy May 21 said its TE-10 gas discovery at Greater Tendrara area of eastern Morocco, although having flowed hydrocarbon gas to surface, has not achieved commercial flow rates following the stimulated well test undertaken with partner, Schlumberger.
“Whilst clearly disappointed with the outcome of the recent well test at TE-10, the team and I are encouraged to have delivered gas to surface from another TAGI discovery and remain confident in the potential of our eastern Morocco basin. We have now completed the TAGI element of our current exploration programme and expect to update shortly on our forward looking strategy,” CEO James Parsons, said.
Sound Energy's portfolio in eastern Morocco comprises the Tendrara concession and approximately 24,000 km2 of exploration acreage. A geophysical acquisition programme beginning in 2017 has been followed by the 2018-19 three well drilling programme. Wells TE-9 and TE-10 both targeted TAGI reservoirs, with the TE-11 well planned to target a Palaeozoic prospect, all in large-scale traps, it said. Sound will update on plans for the third well, TE-11, shortly.
Meanwhile Sound also announced that it has now finalised the interpretation of the recently acquired seismic data and has identified multiple, near-term drilling opportunities in the TAGI, proximal to the Tendrara concession. These include exploration and appraisal targets at earlier wells SBK, TE-4 and TE-2 and at new prospects M5 and B1 which it estimates to have a collective exploration potential exceeding a mid-case of 3 trillion ft3 of gross unrisked gas originally in place, supporting the continued prospectivity of the TAGI play.
Additionally, continued interpretation has confirmed the presence of material Palaeozoic prospectivity in the northeast area of the Greater Tendrara licence, it said.