SDX plans 2023 drilling campaign following Morocco discoveries

SDX Energy Plc plans to drill additional wells in Morocco in 2023 to drive production growth following a successful two well drilling campaign it said ‘opens up’ a new producing area, the company said in a release Nov. 14.

The company noted two discoveries from recently completed SAK-1 and KSR-20 wells. SAK-1 has been connected to SDX infrastructure and testing results indicate that in place volumes will be on the higher side of the pre-drill P50 estimate of 0.44 bcf.  The well opens a new production area to the north-west of SDX’s historical producing area, the company said, with follow-on prospects identified within the SAK cluster.

KSR-20 discovered gas and is currently undergoing a pressure build up test.  The well will be put on production as soon as permitting and tie in are completed.

The company said over 70 drilling prospects have been identified on the portion of the Moroccan acreage covered by 3D seismic, of which 25 have been high-graded and total around 20 bcf P50 EUR unrisked.