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Thursday, May 18, 2017
Sound Energy saw the mobilization of the Saipem rig to its Sidi Moktar asset onshore Morocco. The rig will be used in the re-entry and testing of the Lower and Middle Jurassic in two existing wells on the Kechoula discovery.
The Sidi Moktar licenses cover 2,700 sq km in the Essaouira Basin, central Morocco and contain an existing gas discovery in the Lower Liassic (Kechoula) and significant pre-salt potential. The two wells to be re-entered and tested by the company are the Koba-1 and Kamar-1. These wells were drilled by previous operators and have been estimated to have an unrisked mid-case original GOIP in the Lower Liassic reservoir of 293 Bscf (gross).
The company notes the quantitive assessment prepared by a previous operator in 1998 which referred to exploration potential of the Sidi Moktar licenses of up to 9 Tcf unrisked GOIP (gross) in the TAGI and Paleozoic. The company will require the reprocessing of existing 2D seismic, acquisition of new 2D seismic and drilling results before forming its own volume estimates for the exploration potential of the Sidi Moktar licenses.
In the near term, Sound plans to complete a two stage workover of the wells, which will include the completion, perforation and testing of the Lower Liassic in Koba-1, with possible additional testing of the Argovian. This is all expected to begin prior to the end of May.
It will also see the completion, perforation and testing of the Lower Liassic in Kamar-1, with a possible additional testing of the Dogger. This should start in mid-June.
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