el jadida
el jadida/mazagan beach
Morocco
Significant progress has been made in Morocco in the first half of the year, with success in both exploration and in building production capacity. Production has remained constrained by the limited capacity of the existing pipeline during the reporting period. The construction of a new and larger capacity gas pipeline to allow us to supply potential customers in Kenitra, north of Rabat, has been progressing well with a completion date within the 4th quarter of 2011. We have however been able to increase production levels recently by 1MMscfd approximately to a new customer by optimizing the existing infrastruture. Two wells KSR-8 and ONZ-6 have been providing production through the period and the increased production and all of the output from the Sebou permit utilizing the new pipeline will be sold locally.
Drilling activity of two new wells of the 2010-2011 drilling campaign and testing of another drilled during the 2009 campaign, resulted in the successful completion of three gas discoveries. The ADD-1 exploration well was drilled, logged and successfully tested in January 2011. The well is a gas discovery in both the Main Hoot target and the secondary Guebbas target. The well first tested gas at a sustained rate of 3.57 MMscf/d on a 24/64" choke from the Main Hoot. The perforated Main Hoot zone of 4.4 metres at 969.6-974 metres MD has a calculated net gas pay of 4 metres. The Guebbas zone was then perforated and flowed gas at a sustained rate of 1.89 MMscfd on a 16/64" choke. The perforated Guebbas zone of 2.1 meters at 889.4-891.5 metres MD has a calculated net gas pay of 1.5 metres.
Following this the DRJ-6 exploration well was successfully tested in February 2011. DRJ-6 was originally drilled in April 2009 and, as previously announced, had not been tested due to local logistical problems at the time of drilling. After this testing the Company confirmed a gas discovery in the Base Guebbas target. The well tested gas at a sustained rate of 5.363 MMscfd on a 26/64" choke. The perforated Base Guebbas zone of 1.5 metres at 1,042.25 - 1,043.75 metres MD and 3 metres at 1,046.0 - 1,049.0 metres MD has a calculated net gas pay of 4.5 metres.
The fifth and last well of the 2010-2011 drilling campaign designated KSR-11 was spudded on 11 March 2011 and was a gas discovery in the Main Intra Hoot target with secondary targets available for future testing in the Mid and Base Guebbas sands. The well tested gas at a sustained rate of 4.0 MMscfd on a 16/64" choke from the Intra Hoot. The perforated Intra Hoot zone of 17.9 metres at 1,761.2-1,779.1 metres MD has a calculated net gas pay of 11.6 metres. The Base Guebbas zone of 37.7metres at 1,636.0-1,673.7 metres MD has a calculated net gas pay of 5.5 metres. The Mid Guebbas zone of 22.8metres at 1,464.1-1,486.9 metres MD has a calculated net gas pay of 4.1metres. The Guebbas Zones will be tested at a later date following production and depletion of the Intra Hoot producing zone.
We have now started a new 3D seismic acquisition campaign in our Rharb area permits and this will assist in the definition of new and additional prospects to drill in our third and subsequent drilling campaigns.
interim-report
http://circleoil.net/2011-interim-report.aspx
Significant progress has been made in Morocco in the first half of the year, with success in both exploration and in building production capacity. Production has remained constrained by the limited capacity of the existing pipeline during the reporting period. The construction of a new and larger capacity gas pipeline to allow us to supply potential customers in Kenitra, north of Rabat, has been progressing well with a completion date within the 4th quarter of 2011. We have however been able to increase production levels recently by 1MMscfd approximately to a new customer by optimizing the existing infrastruture. Two wells KSR-8 and ONZ-6 have been providing production through the period and the increased production and all of the output from the Sebou permit utilizing the new pipeline will be sold locally.
Drilling activity of two new wells of the 2010-2011 drilling campaign and testing of another drilled during the 2009 campaign, resulted in the successful completion of three gas discoveries. The ADD-1 exploration well was drilled, logged and successfully tested in January 2011. The well is a gas discovery in both the Main Hoot target and the secondary Guebbas target. The well first tested gas at a sustained rate of 3.57 MMscf/d on a 24/64" choke from the Main Hoot. The perforated Main Hoot zone of 4.4 metres at 969.6-974 metres MD has a calculated net gas pay of 4 metres. The Guebbas zone was then perforated and flowed gas at a sustained rate of 1.89 MMscfd on a 16/64" choke. The perforated Guebbas zone of 2.1 meters at 889.4-891.5 metres MD has a calculated net gas pay of 1.5 metres.
Following this the DRJ-6 exploration well was successfully tested in February 2011. DRJ-6 was originally drilled in April 2009 and, as previously announced, had not been tested due to local logistical problems at the time of drilling. After this testing the Company confirmed a gas discovery in the Base Guebbas target. The well tested gas at a sustained rate of 5.363 MMscfd on a 26/64" choke. The perforated Base Guebbas zone of 1.5 metres at 1,042.25 - 1,043.75 metres MD and 3 metres at 1,046.0 - 1,049.0 metres MD has a calculated net gas pay of 4.5 metres.
The fifth and last well of the 2010-2011 drilling campaign designated KSR-11 was spudded on 11 March 2011 and was a gas discovery in the Main Intra Hoot target with secondary targets available for future testing in the Mid and Base Guebbas sands. The well tested gas at a sustained rate of 4.0 MMscfd on a 16/64" choke from the Intra Hoot. The perforated Intra Hoot zone of 17.9 metres at 1,761.2-1,779.1 metres MD has a calculated net gas pay of 11.6 metres. The Base Guebbas zone of 37.7metres at 1,636.0-1,673.7 metres MD has a calculated net gas pay of 5.5 metres. The Mid Guebbas zone of 22.8metres at 1,464.1-1,486.9 metres MD has a calculated net gas pay of 4.1metres. The Guebbas Zones will be tested at a later date following production and depletion of the Intra Hoot producing zone.
We have now started a new 3D seismic acquisition campaign in our Rharb area permits and this will assist in the definition of new and additional prospects to drill in our third and subsequent drilling campaigns.
interim-report
http://circleoil.net/2011-interim-report.aspx