Dana Petroleum plugs Tafejjart-1 well
Uchenna Izundu
OGJ International Editor
LONDON, Aug. 4 -- Dana Petroleum (E&P) Ltd. plugged the onshore Tafejjart-1 well (TAJ-1) in Morocco because it has not discovered commercial quantities of gas.
A 2,000 HP rig provided by Aladdin Middle East Ltd. drilled a TD of 3,274 m on the Bouanane license and targeted Ordovician sandstone. “However, cuttings information and wireline log data indicated poor reservoir quality with low porosity,” said Tethys Oil AB, a partner in the well.
“This wildcat came in very close to prognosis. Several of the necessary criteria for a successful exploration well were fulfilled, and with better porosity in the reservoir it would have been a success,” said Magnus Nordin, managing director of Tethys Oil.
The company will withdraw from the 2,000 sq km license to focus on the company's projects in Oman.
Dana Petroleum has a 50% interest in the license, with its partners Moroccan state oil and mining company, ONHYM, holding 25%, Eastern Petroleum (Cyprus) Ltd. with 12.5%, and Tethys Oil AB with 12.5%. Tethys has a share of 16.66% of all expenditures on the license above $12 million.
Contact Uchenna Izundu at [email protected]