SDX Energy announces major gas discovery in Morocco

sdx The company aims to expand it oil and gas operations across Africa. (Image source: haymarketrebel/Flickr)SDX Energy Inc, the North Africa-focused oil and gas company, has announced a conventional natural gas discovery at its LNB-1 exploration well in Morocco

According to the oil and gas firm, the gas contained heavier hydrocarbon components throughout, which is indicative of a thermogenic hydrocarbon source rock.

“These types of shows have not been seen to date in other parts of the basin and indicate that a new petroleum system has been encountered in this area. Based on the mudlog shows, reservoir quality information from the formation cuttings, analogue fields (outside the Gharb basin), and the size of the feature as currently mapped, a preliminary recoverable gas volume has been estimated by management,” said the company reporting to the press.

This results in a mid-case volume of 10.2bn scf of conventional natural gas and 55 mbl of condensate.

SDX further added that the well is now being completed as a conventional gas producer in the Upper Dlalha, with the deeper Lafkerena section being suspended until the appropriate equipment can be mobilised, to test and produce from this over-pressured section.

Speaking about the North Africa country’s gas discover, Paul Welch, president and CEO of SDX, said, “We are currently in the early planning phases of determining how best to complete and test this section. The estimated volume potential is very encouraging and I look forward to updating the market further on our activities in due course. Meanwhile, we have one more exploration well to drill on the permit in this campaign and I am looking forward to some more positive results based upon our success in LNB-1.”

London-headquartered SDX has a significant presence in North Africa’s oil and gas sector. In April 2018, SDX Energy announced to make a new gas discovery at its Ibn Yunus-IX exploration well at South Disouq, Egypt. In 2017, the company was awarded gas discovery at KSR-14 and KSR-15 well on the Sebou area in Morocco.

In 2016, SDX Energy and Dana Petroleum commenced drilling operations on its high-impact exploration well on Bakassi West in Cameroon, Central Africa’s major oil and gas project.

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