UK-based Sound Energy PLC reported that the Moroccan Ministry of Energy has awarded it a production concession for the Tendrara natural gas discovery. The concession covers 133½ sq km.
Drilling plans call for as many as five horizontal development wells in addition to recompletion of the existing TE-6 and TE-7 wells.
Sound Energy announced plans in June to build a gas-treatment plant and compression station (CPF) and a 120-km, 20-in. Tendrara Gas Export Pipeline (TGEP) connecting the CPF and the delivery point to the Gazoduc Maghreb Europe pipeline (OGJ Online, June 7, 2018).
Sound Energy said it signed heads of terms with a consortium comprising Enagas, Elecnor, and Fomento for conditional construction and financing of all the infrastructure required, including the TGEP and CPF. A final investment decision has yet to be made.
Gas production is expected in about 2 years with an anticipated midcase production rate of around 60 MMscfd over at least 10 years. Sound Energy said 10-13 wells could be drilled to maintain this production rate.
