UK-based SDX Energy has decided to abandon the ELQ-1 well in the Gharb Centre permit, Morocco, after failing to achieve desired results from a drilling campaign.
Drilled to a total depth of 1,484m, the well has encountered 22.6 net metres of reservoir interval and two metres of marginal net conventional gas pay in the Hoot formation.
The company attributed the decision to not being able to obtain sufficiently commercial intervals to complete the well.
As a result, the well will be plugged and abandoned.
Meanwhile, the company is set to move the drilling rig to the ONZ-7 development location.
SDX Energy president and CEO Paul Welch said: “Despite the result at ELQ-1, we remain very upbeat about the remainder of our Moroccan drilling campaign, which has already yielded discoveries from the first three of this nine well campaign.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData“It is important to note that this well is also the only one in the current programme drilled using legacy low-resolution 3D data, acquired from the previous operator.
“It was an important test that has strengthened our belief in the need to acquire high resolution 3D seismic data that we have successfully used in our first three wells, across all of our concessions of interest.”
In a separate development, the company has connected the KSR-16 well to the sales line and expects to begin flow testing next week.
Additionally, SDX has secured a four-month extension to its Lalla Mimouna permit, through to 22 July this year.
The company noted that the extension will offer enough time to evaluate the results of its upcoming exploration drilling campaign on the permit, set to take place in March this year.