SDX latest discovery is-significantly-larger-than-expectedhttps://www.oilcapital.com/companies/news/195442/sdx-energys-latest-discovery-onshore-morocco-is-significantly-larger-than-expected-195442.html
The LNB-1 well on the Lalla Mimouna permit unearthed two new discoveries, one stands out as it's unlike the company's other recent discoveries onshore Morocco Significantly larger discovery than recent successes
An in-house estimate sees the new discovery area containing some 10.2bn cubic feet of conventional natural gas and 55,000 barrels of condensate - which, it says, is significantly larger than the traps typically encountered in the Sebou area (which was the company’s recent focus in Morocco).
"We are very excited about the results of this exploration well,” said Paul Welch, SDX chief executive.
“It was a higher risk exploration prospect than previous drilling in Sebou, as it was a sequence that had not been previously penetrated in a similar structural location.
“We had anticipated a higher-pressure section, based upon offset drilling in the area, but the actual pressures encountered, the thickness of the section, and the type and amount of shows significantly exceeded our expectations."
The discovery would exceed the size required to justify development and connection to the existing infrastructure in the Sebou area, the company added