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Sunday, December 17, 2017
Sound Energy completed the first phase of its four-phase program of 2D seismic and magneto-telluric (MT) acquisition on its asset in Eastern Morocco. The program includes 8 2D seismic lines (341-line km in total) over the A structure, which lies north west of the TE-5 Horst well.
The company said that the ‘A’ structure is expected to be the first target for the its rapidly approaching three-well exploration program.
The MT has proven to have exceptionally high signal to noise ratio and will provide another independent measure of basin geometry and subsurface rock properties to complement the 2D seismic and the newly acquired airborne FTG gravity gradiometry and magnetic datasets which completed in November.
The 2D seismic and MT data collected has now been dispatched to WesternGeco processing centers for fast-track processing and evaluation. Sound expects to receive processed results in January to support the first CPR currently scheduled for completion during Q1 2018. This is in addition to the Reserves Certification which is expected imminently.
Seismic parameter testing is continuing in the Anoual permit to further optimize imaging after which the WesternGeco crew will commence phase two of the program across a region eastward of the TE-5 Horst. The crew are currently acquiring the tenth 2D seismic line and have completed a total of 445 line km out of the approximately 2,800 line km planned.
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