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Wednesday, May 2, 2018
The Rabat Deep-1 well drilled offshore Morocco resulted in a disappointment for the partners on the Rabat Deep Permits: ENI, Woodside, Chariot Oil & Gas, and state-run ONHYM.
The Rabat Deep-1 was drilled to a total measured depth of 3,180 meters to test the JP-1 prospect; a large, four-way dip closed structure of approximately 200 sq km areal extent, with Jurassic carbonate primary reservoir objectives and an independently audited gross mean prospective resource estimate of 768 million barrels.
The well penetrated a thick top seal and drilled into the primary target encountering tight, fractured carbonates as evidenced by extensive losses of drilling fluid. As a consequence, only limited cuttings were recovered from the primary target and some limited hydrocarbon indications were observed.
Electric log data and side-wall cores have been acquired and detailed analyses will now be undertaken. The data collected will be used to calibrate the existing data sets to understand the implications of the well results on the prospectivity of the surrounding area. The well, which was operated by ENI Maroc and drilled by the Saipem 12000 drillship, will now be plugged and abandoned.
Larry Bottomley, CEO of Chariot, commented: “Whilst the results of the Rabat Deep 1 well are very disappointing, the fact that we encountered tight carbonates in the Jurassic target with a thick top seal will be invaluable in calibrating the existing data sets and determining the implications for the prospectivity in the Rabat Deep Permits. Rock properties from the top seal and some thin sands encountered in the overburden will allow an improved description of the Cretaceous siliciclastic play that Chariot is targeting in the neighboring Mohammedia and Kenitra permits where we operate with 75% equity.
“We will continue to evaluate the well data and the implications of these results on the surrounding area, before discussing next steps with our partners Eni, Woodside and ONHYM.”
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