SDX Energy has made a conventional natural gas discovery at its LMS-1 exploration well on the Lalla Mimouna permit in Morocco.
The LMS-1 well was drilled to a total depth of 1,158 meters. The well encountered 16.4 meters of net conventional gas pay sands which had an average porosity of 32 per cent in an over-pressured section.
Similar to the previously drilled LNB-1, heavier gas shows were encountered indicating the presence of a deeper thermogenic source rock charging the structure. In addition, the cuttings showed evidence of fluorescence indicating the potential presence of liquid hydrocarbons within the section encountered.
The well is now being completed as a conventional natural gas producer in the H-9 interval and once the rig has left the location the well will be perforated and tested. It is anticipated that the test will be conducted approximately 30 days after the rig has departed the location.
Paul Welch, president and CEO of SDX, commented: “We are very pleased with the results of this exploration well as it has significantly exceeded our pre-drill estimates for both reservoir quality and pay sand thickness. Similar to the LNB-1 discovery, this was a higher risk exploration prospect into a sequence that had not been previously penetrated in a similar structural location. We were prepared for the over pressures in this area and as a result have been able to successfully log and complete this well.”
He added: “It’s an excellent way to conclude the drilling program with seven of our nine wells being successful. Most importantly, the results of our last two exploration wells have opened up a very significant new play area for us in the Gharb basin. Whilst the group is on track to double overall production in 2018, this provides us with the ability to further grow our reserves and production potential in Morocco, where we are targeting a four-fold increase in production from our current portfolio in the medium term.”
SDX Energy has a 75 per cent stake in the Lalla Mimouna permit.