Chariot announces gas discovery at OBA-1 well in Morocco
London-listed Chariot on May 28 announced a gas discovery at the OBA-1 well on the Dartois prospect, the second of a two-well drilling campaign, in the Loukos Onshore licence, onshore Morocco. The well was spudded earlier this month.
Following the evaluation of the well data, including wireline logs, cuttings, and gas data, preliminary interpretation confirms the presence of reservoirs over an interval of approximately 200 meters gross thickness, corresponding to the pre-drill targets. Within this, an approximate 70-meter gross interval of primary interest has been identified, containing elevated resistivities coincident with elevated mud gas readings, indicating potential gas pays, with no water-bearing reservoirs identified.
Further post-drill analysis will be conducted in preparation for well flow testing, which will determine the well productivity and the gas resource potential of the discovery.
“Our two first wells have both been successful in confirming our geological model for reservoir distribution and the presence of gas, which bodes well for future exploration activity," Duncan Wallace, technical director of Chariot, commented.
"We now look forward to the offshore drilling campaign planned for Q3 2024 on the Anchois gas field, with our new partners Energean, where we are looking to increase the development to over 1 trillion ft3," he added.
Chariot secured the agreement for the Loukos licence in August last year, covering an approximate area of 1,371 km2. The Loukos licence is positioned adjacent to Chariot’s Lixus and Rissana offshore licences, with the former housing the Anchois gas discovery and development project.
Chariot holds a 75% interest in the project, serving as the operator, while the Moroccan state-owned ONHYM retains a 25% stake.