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Rabat – SDX Energy, a British MENA-focused oil and gas exploration and production company, announced on Thursday, August 11 the launch of drilling operations on the SAK-1 well in the South of Morocco’s Lalla Mimouna concession.
With a reservoir at a depth of approximately 1,108 meters, the well is the first of a two-drill campaign in the Gharb basin, slated for the third quarter of 2022, according to the British company’s statement.
While aiming for the Guebbas Formation reservoir at about 1,108 meters, this well will fulfill the “remaining commitments on the Lalla Mimouna Sud Concession,” the statement added
This should allow then SDX to continue delivering gas to clients in compliance with contractual requirements.
According to the joint statement, SDX intends to drill up to three further holes in Morocco during the fourth and first quarters of 2022 and 2023.
“Success at SAK-1 would also open a new exploration area for us to the west of our existing production hub, with several follow-up prospects already having been identified,” the statement noted, quoting Mark Reid, CEO of SDX.
Read also: Drilling Operations Record ‘Terrific Success’ in Zgounder Mine
SDX operates in the Gharb Basin, where it is directly accountable for 75% of the basin’s working interest.
As part of the initial phase of its 2021 drilling campaign, the British company has finished drilling three wells in Morocco’s northeastern Gharb basin last year.
Because its campaign had a goal of completing five wells in total by the end of 2021, in the same year, the oil and gas company launched a new operation that includes the drilling of two additional wells in the north-western Gharb basin, designated KSR-19 and SAK-1.
SDX Energy enjoyed unexpected success in 2020 when its OYF-2 and BMK-1 wells both discovered “commercial quantities of gas in excess of pre-drill estimates.”
