SDX Morocco Well Disappoints

SDX Energy, the AIM-listed North Africa gas producer, said February 21 that its latest Moroccan well was unsuccessful.

The KSS-2 well, drilling of which began February 2 on the Sebou permit, has “low gas saturation” and is “not deemed to be commercial”. The well encountered 8 net metres of net pay, but with an average porosity of only 30%.

The well is the sixth in a campaign of nine wells of SDX in Morocco and was drilled at a depth of 1,293 m. It is the second failure recorded by the firm during its campaign, after its ELQ-1 well disappointed at the Gharb Centre permit. KSS-2 will now be plugged and abandoned while drilling rig is moved to SAH-2 well which, the company said, has higher probability of success.   

The UK firm expects to increase by 100% its Moroccan natural gas reserves and by 50% its sales during 2018.

“Using directional drilling equipment for the first time in the basin, we are trying to find a new concept and new volumes," said SDX CEO Paul Welch. "We are looking forward to drilling the final three wells in this program and reporting on their results in due course."