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Thursday, February 22, 2018
The KSS-2 well was not a success for SDX Energy in Morocco. The well, located on the Sebou permit, was drilled to a total depth of 1,293 meters encountering 8 net meters of high quality reservoir interval in the Gaddari and Guebbas sequences with an average porosity of 30%. However, while the intervals came in on prognosis, they had low gas saturation and were not deemed to be commercial.
The KSS-2 well was the sixth in the company’s current nine-well campaign, of which four wells have been commercial discoveries. According to SDX, based on the results to date, the KSS-2 will not have an impact on its previously announced planned production increase in Morocco in 2018.
Unlike the previously drilled targets, the KSS-2 prospect was on the upthrown side of the main bounding fault in the Ksiri area. This fault appears to have isolated the KSS-2 well from the source rock, resulting in low gas saturations. The next well in the campaign, the SAH-2 well, will be located on the downthrown side of the fault, drilling a similar structure to the company’s recently successful wells. SDX therefore believes that the reservoirs targeted by the SAH-2 well will have a higher probability of being commercially charged than the KSS-2 well.
The KSS-2 well will now be plugged and abandoned and the drilling rig will move to the SAH-2 drilling location.
Paul Welch, President and CEO of SDX, commented: “Whilst the KSS-2 well was not a commercial success, we are viewing this one result in the context of what is already a very successful drilling campaign with four out of six discoveries to date. Using directional drilling equipment for the first time in the basin, we drilled a step out location in order to try to prove up a new concept, and potentially new volumes. Whilst KSS-2 was not successful, our belief is that this result proves that the main bounding fault provides a good seal and therefore gives us a further confidence in the forthcoming prospects. We are looking forward to drilling the final three wells in this program and reporting on their results in due course.”
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