Petroleum Africa
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Monday, August 28, 2017
SDX Energy has been moving full steam ahead on its assets in Morocco. In Q2 it commenced a tendering process to secure a drilling rig and associated services for its upcoming seven-well drilling campaign in the Sebou and Lalla Mimouna permits. The drilling rig contract was subsequently awarded to XCD Drilling, with the associated services contracts to be awarded upon close of the tendering exercise in Q3 2017.
The drilling program is anticipated to comprise five development/appraisal wells in the Sebou permit and two exploration wells in the Lalla Mimouna permit. All locations have been approved by partners and the local authority with environmental and drilling permits subsequently being secured.
The company said that construction has begun at the location and the first well of the program is anticipated to spud late Q3 2017. All locations in the Sebou permit are adjacent to existing infrastructure and can be placed on production quickly.
SDX also revealed that during Q2 it received confirmation from the government of Morocco on the renewal of the Sebou exploration permit for eight years after committing to drill three exploration wells in the first four years. Two of these exploration wells are included in the H2 2017 drilling program.
In addition. The company received confirmation of extensions to the following producing concessions in Sebou; the theGueddari NW to February 2, 2019; the Gueddari Sud to January 18, 2020; the Sidi Al Harati SW to September 20, 2023; and the Ksiri Central to January 18, 2025.The Lalla Mimouna permit was extended to March 2018.
SDX added to its acreage position in Morocco during the period as well, picking up the Gharb Center exploration permit. The permit covers 1,362.1 sq km and contains five fields which are now depleted. Recently, 208 sq km of 3D seismic was acquired in the southwest of the permit along with dense 2D coverage, that complements the extensive legacy 2D seismic acquired in the remainder of the block. Multiple amplitude-supported leads have been identified on the existing datasets with several adjacent to the existing Sebou production infrastructure.
At present, SDX has identified leads potentially containing over 20 Bscf (unrisked) of gas within the permit. SDX’s work program, of 200 km2 of 3D seismic and two exploration wells will expand the portfolio of amplitude supported prospects on the block and generate further drilling opportunities to expand the company’s production as soon as possible.
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