Sound Energy, the European / Mediterranean focused upstream gas company, is pleased to confirm a significant gas discovery and a potential single gas column at the Company’s Tendrara licence, onshore Morocco.
As previously announced by the Company, the first Tendrara well, TE-6, was drilled to a measured vertical depth of 2,665 metres, encountered the top of the structure and approximately 28 metres of net gas pay in the TAGI reservoir.
The Company has now completed operations and is delighted to announce that it has on 7 August 2016 achieved a stabilized gas flow rate, post stimulation, of 17.0 MMscf/d (0.5 million scm/d). This is significantly above initial expectations and represents a highly commercial rate.
The Company is also very pleased to report a reservoir bottom hole pressure of 420 bars and that the static pressure recorded in the well correlates, in terms of gas gradient, with all of the wells previously drilled in the licence area. The combination of these factors together with the fact that none of the historically drilled wells on the licence have identified a gas/water contact, suggests the possibility of a significant gas column within a continuous extended structure. This structure may include and extend beyond the reservoir identified at TE-2, some 30km to the North East. A further well (the Company’s third well – TE-8) will be required at the edge of the potential structure to confirm this and is now being planned for later this year.
The Company, together with Schlumberger, is now preparing for the second well at Tendrara (TE-7, located approximately 1.3km 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.
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