{"id":10487,"date":"2021-06-28T09:18:15","date_gmt":"2021-06-28T09:18:15","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=10487"},"modified":"2021-06-28T09:18:15","modified_gmt":"2021-06-28T09:18:15","slug":"morocco-sdx-energy-successfully-completes-the-1st-phase-of-drilling-operations","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sdx-energy-successfully-completes-the-1st-phase-of-drilling-operations\/","title":{"rendered":"MOROCCO: SDX Energy Successfully Completes the 1st Phase of Drilling Operations"},"content":{"rendered":"<p class=\"dk\"><span class=\"dl\">SDX Energy has announced the successful completion of the initial three well phase of its 2021 drilling campaign in Morocco, which will comprise up to a total of five wells over the year.<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dm\"><span class=\"cw\">Mark Reid, CEO of SDX, commented:<\/span><span class=\"cw\">\u00a0<\/span><\/p>\n<p class=\"dn\"><span class=\"cw\">&#8220;I am pleased to announce that the Company has successfully drilled the first three wells of its 2021 drilling activities which will total up to eleven wells across our portfolio of assets. The OYF-3, KSR-17 and KSR-18 wells in\u00a0Morocco\u00a0were all commercial successes, and OYF-3 and KSR-17 are already connected and producing into our infrastructure. We expect KSR-18 to be tested and connected in the next two weeks. The gross 1.5-1.6bcf reserves added by these wells is in line with pre-drill P50 estimates and it is anticipated that this will enable us to continue to deliver gas to our customers in line with their contractual requirements. We will now commence the preparations to drill up to two additional wells in\u00a0Morocco\u00a0later in the year.<\/span><span class=\"cw\">\u00a0<\/span><\/p>\n<p class=\"dn\"><span class=\"cw\">In\u00a0Egypt\u00a0we are expecting to commence the drilling of the IY-2 step out development well at South Disouq in the coming days, and our planning for the potentially transformational HA-1X exploration well is significantly progressed, with spud expected in Q3 2021. This gross 139bcf prospective target, which has a 33% chance of success, has the potential to significantly transform the resource profile of the Company.\u00a0 Finally, with the four well campaign in West Gharib also expected to start soon, I look forward to updating the market in the coming months on what is looking to be a very busy and exciting period of activity.&#8221;<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dk\"><span class=\"do\">Moroccan Drilling Campaign<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dk\"><span class=\"dl\">This first phase of the\u00a0Morocco\u00a0drilling campaign consisted of three appraisal\/development wells in SDX&#8217;s operated\u00a0Gharb Basin\u00a0acreage in\u00a0Morocco\u00a0(SDX: 75% working interest).<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dk\"><span class=\"dl\">The first well, OYF-3, which spud on\u00a030 April 2021, reached its TD at 1,183 metres MD on\u00a011 May 2021. The main Guebbas reservoir target was thicker than expected and encountered a 5.2 metre net gas sand. The well also encountered a 1.7 metre net gas sand in a secondary zone that OYF-3 will also produce from.<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dk\"><span class=\"dl\">The second well, KSR-17, was spud on\u00a013 May 2021\u00a0and reached its TD at 1,848 metres MD on\u00a027 May 2021. In the main Hoot reservoir, the well encountered a 5.3 metre net gas sand which was slightly thinner than expected, but with very good reservoir properties.<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dk\"><span class=\"dl\">Both OYF-3 and KSR-17 have been tested, connected, and are now producing into our infrastructure. Post-drill P50 reserves are estimated at a combined gross 0.81bcf recoverable which is in line with predrill estimates.\u00a0<\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dk\"><span class=\"dl\">Finally, the third well of the campaign, KSR-18, was spud on 30 May 2021 and reached its TD of 1,905 metres MD on 14 June 2021. Both prognosed targets were successfully encountered, with the shallower Mid Guebbas target comprising of a 3.8 metre net gas sand and the main Hoot target encountering a 13.9 metre net gas sand. As expected, the main Hoot had been slightly depleted by production from a nearby well, however the well is still expected to contribute incremental volumes and deliverability from this extensive compartment. Further to these zones, a third 5.5 metre net gas sand was encountered at the Base Guebbas and will contribute to production in the future when the Hoot has been depleted. \u00a0KSR-18 will be tested in the coming weeks to refine volumetrics but based upon logging results, the Company expects that this too will be close to its pre-drill P50 EUR estimate of gross 0.75bcf. <\/span><span class=\"dl\">\u00a0<\/span><\/p>\n<p class=\"dp\"><span class=\"dq\">The second phase of the Moroccan drilling campaign is expected to commence in September\/October 2021.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SDX Energy has announced the successful completion of the initial three well phase of its 2021 drilling campaign in Morocco, which will comprise up to a total of five wells &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sdx-energy-successfully-completes-the-1st-phase-of-drilling-operations\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7446,11],"tags":[709,9390,9391,9388,9389,1629,9387,7820],"class_list":["post-10487","post","type-post","status-publish","format-standard","hentry","category-countries","category-north-africa","category-top-news","tag-egypt","tag-ha-1x-exploration-well","tag-iy-2","tag-ksr-17","tag-ksr-18","tag-morocco","tag-oyf-3","tag-sdx-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2J9","jetpack-related-posts":[{"id":10277,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sdx-energy-commencement-of-drilling-operations\/","url_meta":{"origin":10487,"position":0},"title":"MOROCCO: SDX Energy Commencement Of Drilling Operations","author":"","date":"May 4, 2021","format":false,"excerpt":"SDX Energy has announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year.\u00a0 Mark Reid, CEO of SDX, commented:\u00a0 \"I am pleased to announce that the Company has commenced its 2021 drilling activities of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Morocco-Lalla-Mimouna.jpg?fit=615%2C428&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Morocco-Lalla-Mimouna.jpg?fit=615%2C428&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/05\/Morocco-Lalla-Mimouna.jpg?fit=615%2C428&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11188,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sdx-energy-spuds-ksr-19-well-commences-2nd-phase-drilling-campaign\/","url_meta":{"origin":10487,"position":1},"title":"MOROCCO: SDX Energy Spuds KSR-19 well Commences 2nd Phase Drilling Campaign","author":"","date":"November 19, 2021","format":false,"excerpt":"SDX Energy has commenced the second phase of its 2021 drilling campaign in Morocco, with the spud of the KSR-19 well. KSR-19 will be followed by the SAK-1 well which, if successful, will open a new exploration area for SDX in the Company's Lalla Mimouna Sud concession.\u00a0 Mark Reid, CEO\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Morocco-SDX-Energy.jpg?fit=1200%2C824&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Morocco-SDX-Energy.jpg?fit=1200%2C824&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Morocco-SDX-Energy.jpg?fit=1200%2C824&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Morocco-SDX-Energy.jpg?fit=1200%2C824&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/11\/Morocco-SDX-Energy.jpg?fit=1200%2C824&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":14028,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sdx-energy-completes-testing-operations-on-the-ksr-21-well\/","url_meta":{"origin":10487,"position":2},"title":"MOROCCO: SDX Energy Completes Testing Operations on the KSR-21 well","author":"","date":"October 31, 2023","format":false,"excerpt":"SDX has announced the completion of testing operations on the KSR-21 well in\u00a0Morocco. The well,\u00a0targeting a prospect within the Hoot formation, was drilled to a total vertical depth of 1,955 meters. The well test resulted in a flow rate of approximately 4 MMcf\/d (on 1\/4 inch choke) during the test\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/10\/Morocco-SDX-Energy-1.jpg?fit=1200%2C824&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/10\/Morocco-SDX-Energy-1.jpg?fit=1200%2C824&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/10\/Morocco-SDX-Energy-1.jpg?fit=1200%2C824&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/10\/Morocco-SDX-Energy-1.jpg?fit=1200%2C824&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/10\/Morocco-SDX-Energy-1.jpg?fit=1200%2C824&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":13970,"url":"https:\/\/www.oilnewskenya.com\/index.php\/morocco-sdx-energy-provides-ksiri-21-well-update\/","url_meta":{"origin":10487,"position":3},"title":"MOROCCO: SDX Energy Provides KSIRI-21 Well Update","author":"","date":"September 28, 2023","format":false,"excerpt":"SDX Energy has announced that the KSR-21 well has reached its total vertical depth of 1,955 metres (1,966 metres measured depth)\u00a0targeting a prospect within the Hoot formation, which is one of the main producing formations in the area, in Sebou Central of the Gharb Basin, Morocco. Drilling and wireline logging\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Morocco-SDX-Energy-2.jpg?fit=1200%2C824&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Morocco-SDX-Energy-2.jpg?fit=1200%2C824&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Morocco-SDX-Energy-2.jpg?fit=1200%2C824&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Morocco-SDX-Energy-2.jpg?fit=1200%2C824&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/09\/Morocco-SDX-Energy-2.jpg?fit=1200%2C824&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12067,"url":"https:\/\/www.oilnewskenya.com\/index.php\/sdx-energy-announces-full-year-financial-and-operating-results\/","url_meta":{"origin":10487,"position":4},"title":"SDX Energy Announces Full Year Financial and Operating results","author":"","date":"March 21, 2022","format":false,"excerpt":"SDX Energy has announced its audited financial and operating results for the twelve months ended 31 December 2021. All monetary values are expressed in United States dollars net to the Company unless otherwise stated. Mark Reid, CEO of SDX, commented: \"2021 was a year of both challenges and successes. Our\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/SDX-Energy.png?fit=541%2C306&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/SDX-Energy.png?fit=541%2C306&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/SDX-Energy.png?fit=541%2C306&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":13376,"url":"https:\/\/www.oilnewskenya.com\/index.php\/sdx-energy-provides-egypt-morocco-operational-update\/","url_meta":{"origin":10487,"position":5},"title":"SDX Energy Provides Egypt &#038; Morocco Operational Update","author":"","date":"March 1, 2023","format":false,"excerpt":"Egypt\u00a0- South Disouq \u00b7\u00a0\u00a0\u00a0\u00a0Average gross production of 38.5 MMscfe\/d (2,720 boe\/d net to SDX) for full year 2022. \u00b7\u00a0\u00a0\u00a0\u00a0The SD-5X well, drilled in Q2 2022, is on production and is exceeding the immediate post-drill volume expectations.\u00a0 It is expected in place volumes will be increased for this well.\u00a0 \u00b7\u00a0\u00a0\u00a0\u00a0Evaluation of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/Egypt-South-Disouq.jpg?fit=591%2C539&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/Egypt-South-Disouq.jpg?fit=591%2C539&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/03\/Egypt-South-Disouq.jpg?fit=591%2C539&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=10487"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10487\/revisions"}],"predecessor-version":[{"id":10489,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/10487\/revisions\/10489"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=10487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=10487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=10487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}