KSS-2 encountered 8 net metres of high quality reservoir, on prognosis, but the company believes that the well location has been isolated from the reservoir source rock as it is on the ‘upthrown’ side of a fault.
The next well in the drilling programme, SAH-2, is to be located on the ‘downthrown’ side of the fault and it is targeting a similar structure as seen at KSS-2. The company anticipates a higher probability that SAH-2 will be commercially charged.
KSS-2 was the sixth well in a largely successful nine well campaign onshore Morocco, and SDX told investors that the disappointment is not expected to impact the previously anticipated production growth target for the assets.
"Whilst the KSS-2 well was not a commercial success, we are viewing this one result in the context of what is already a very successful drilling campaign with four out of six discoveries to date,” said Paul Welch, SDX chief executive.
“Using directional drilling equipment for the first time in the basin, we drilled a step out location in order to try to prove up a new concept, and potentially new volumes.”
He added: “Our belief is that this result proves that the main bounding fault provides a good seal and therefore gives us a further confidence in the forthcoming prospects.
“We are looking forward to drilling the final three wells in this programme and reporting on their results in due course."