Circle Oil makes significant gas discovery offshore Morocco

Circle Oil makes significant gas discovery offshore Morocco

LIMERICK, Ireland -- Circle Oil has made a significant gas discovery following the preliminary results of drilling of the well KSR-12 in the Sebou Permit, onshore Morocco.

The well is located within the central area of the Sebou Permit, about 1.2 km to the south-west of the KSR gas gathering station. The well was drilled to a total depth of 1,980 m measured depth. Gas shows, which were confirmed by wireline logging, were encountered at two different levels within the objective Hoot sands.

The net gas pay encountered in the well from wireline log analysis is 19.5 m in the main target Intra Hoot sands and 1 m in the Upper Hoot. This is greater than pre-drill sand thickness expectation.

Pressure testing showed that the Upper and Intra Hoot sands are not connected to the Hoot sands in the other nearby KSR wells. The seven inch liner was run and cemented and the first test over the primary target Main Hoot sands flowed at a sustained rate of 8.09MMscfd on a 20/64" choke over 8 hours with no decrease in well head pressure. The second test over the Upper Hoot sands produced at a stabilised rate of 2.32MMscfd on a 9/64"choke over 10 hours.

The well will be completed for future production in the Main Hoot sands and the Upper Hoot will be completed for production once the Main Hoot gas sands have been depleted.