Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services Ľ
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Morocco Gives Gas Pay to Circle Oil

Source: www.gulfoilandgas.com 10/29/2010, Location: Africa

Share |

Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce that the CGD-11 exploration well has been drilled, logged and successfully tested in the Sebou Permit, Morocco.

The Company confirms a gas discovery in both the Main Guebbas target and the secondary Hoot zone. The well first tested gas at a sustained rate of 7.07 mmscf/d on a 30/64" choke from the Hoot. The perforated Hoot zone of 1,078.5m to 1,092m has a calculated net gas pay of 5.9m. The Main Guebbas gas zone was then perforated from 905m to 910m and has a calculated net gas pay of 4.2m. This interval tested at a sustained rate of 6.22 mmscf/d on a 30/64" choke. A thinner Upper Guebbas gas zone was also logged with 1m net gas pay and this zone will be tested at a later date. The well is being completed as a potential producer.

A full technical evaluation of all the results of the well is underway. This will allow for forward planning as a precursor to further assessment of the resource, including conducting an extended well test to give a more complete estimation of the reserves.

The drilling rig is now moving to commence drilling the third well, KSR-10, of the planned five well drilling program in the area. Following this, the DRJ-6 well from the previous drilling campaign will be tested and, weather permitting, the KAB-1 well will be re-entered for logging or re-drilling.

The Sebou permit lies to the north-east of Rabat in the Rharb Basin in Morocco.The Rharb Basin is a foredeep basin located in the external zone of the Rif Folded belt. The concession agreement, in which Circle has a 75% share and ONHYM, the Moroccan State oil company, has a 25% share, includes the right of conversion to a production licence of 25 years, plus extensions in the event of commercial discoveries.

Prof. Chris Green, CEO, said:
"I am pleased to report that we have continued our drilling success in the Rharb Basin and this well has tested with good sustained flow rates at both target levels. The well will now be completed and made ready for production".

Exploration News in Morocco >>

Further Update on the Deep Discovery at BNG & Galaz
  Kazakhstan >>  8/19/2014 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the deep discovery at its...
Drilling Operations Re-commencing in Licence 61
  Russia >>  8/19/2014 - PetroNeft, an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce a number of signi...

United Provides Information on its Lake Chad Oil Block
  Chad >>  8/18/2014 - United Hydrocarbon International Corp is pleased to report that a recent press release published by the government of Niger dated November 13, 2013, i...
The President of Gabon Meets with Eni's CEO
  Gabon >>  8/18/2014 - The President of Gabon, Ali Bongo Ondimba, and Eniís Chief Executive Officer, Claudio Descalzi, met in Libreville. The topic of the meeting was the im...

CCH Approved Re Ksar Hadada License
  Tunisia >>  8/18/2014 - Independent Resources has now received formal confirmation that the meeting of the Consultative Commission on Hydrocarbons of Tunisia ("CCH"), held on...
Cygam Receives Extension of Sud Tozeur Permit
  Tunisia >>  8/18/2014 - Cygam Energy Inc has received approval from the Tunisian authorities for the extension of the Sud Tozeur permit in Tunisia. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 

Morocco Oil & Gas 1 >>  2 | 3 |

More News

Oil & Gas Projects in Morocco >>

Oil & Gas Companies in Morocco >>

Related Links

Countries Quick Links

Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us