SDX Energy Inc., the North Africa focused oil and gas company, said the ONZ-7 well on the Sebou permit in Morocco has been completed and tested.
SDX Energy Inc., the North Africa focused oil and gas company, said the ONZ-7 well on the Sebou permit in Morocco has been completed and tested.
After making a gas discovery recently, the ONZ-7 well achieved an average flow rate of conventional natural gas of 10 MMscf/d (million standard cubic feet per day), SDX said. The well will now be shut in for several days for a pressure build-up after which it will be connected to the local infrastructure.
"Today’s positive update on ONZ-7 reaffirms our view that the Sebou permit has the potential to be highly cash generative for SDX,” said Paul Welch, president and CEO of SDX.
“Furthermore, the maximum flow rate during this test of 15.34MMscf/d is the highest achieved to date in the basin. This provides us with further confidence in being able to deliver our gross production target of 8-10MMscf/d of conventional natural gas in Morocco by the end of 2018.”
The well is part of the company’s nine-well campaign in Morocco.
Source: Pipeline ME
