Press

Sound Energy : Tendrara : TE-7 Bottom Hole Pressure and TE-8 Location

Posted by OilVoice Press

15-Dec-2016


Tendrara : TE-7 Bottom Hole Pressure and TE-8 Location

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the Company's Tendrara licence, onshore Morocco.

Further to the Company's announcement of 24 November 2016, the Company has retrieved the TE-7 bottom hole memory gauges following the open hole well test and can confirm that the reservoir pressure correlates with the gas gradient recorded at all previous wells on the structure.  

The Company also confirms that the TE-8 vertical and side-track locations have been finalized some 12 kilometres to the Northeast of TE-7, subject only to consent of the Company's partners. TE-8, the first outpost well at Tendrara, is expected to spud in February 2017 and will drill both the TAGI and the Palaeozoic horizons. The Company's current internal estimates are that success at TE-8 would establish best estimate original gas in place at Tendrara of upto 1.5 Tcf gross. Prior to the drilling of TE-8, the Company internally estimates best estimate original gas in place volume of between 0.3 Tcf and 0.5 Tcf gross. Sound Energy, with its 27.5% interest in the Tendrara licence, intends to commission a Competent Persons Report on Tendrara following TE-8, which will confirm the contingent resources based on the field development plan. 

The extended well test at TE-7 is ongoing and is expected to confirm production sustainability and aid field development planning. 

This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.


Sound Energy

More items from oilvoice


Lundin Petroleum announces its 2017 budget and updated reserves and contingent resources

  Lundin Petroleum AB (Lundin Petroleum) is pleased to announce its 2017 development, appraisal and exploration budget which totals USD 1.3 billion. Lundin Petroleum is also pleased to announce that as at 31 December 2016 its proved plus probable working interest reserves (reserves) are 743.5 mil ...

OilVoice Press


Posted 1 minutes agoPress > Lundin PetroleumSweden

Azinor Catalyst moves forward with planned 2017 well on its Partridge Prospect, UK North Sea

Azinor Catalyst (“Catalyst”), the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf (“UKCS”), is pleased to announce that it has initiated a tendering process to carry out a site survey on one of its UK North Sea licences in preparation for drilling later in ...

OilVoice Press


Posted 4 minutes agoPress > Azinor CatalystPartridge ProspectNorth Sea

Sound Energy Successful TE-7 Extended Well Test

  Sound Energy, the African and European focused upstream gas company, is pleased to confirm a successful extended well test at TE-7, the Company's second well at the Tendrara licence (onshore Morocco).   The Company has  flowed just under 1.0 Bscf from TE-7 over a period of 56 days continuous fl ...

OilVoice Press


Posted 8 minutes agoPress > Sound EnergyMoroccoExtended Well Test

Oil price, Faroe, SDX Energy, And finally…

Oil price Both the Saudi Oil Minister and the head of Saudi Aramco were on their hind legs at Dav-oh yesterday, the former saying that the US supply infrastructure was ‘decimated' and the latter confirming that the oil market would have re-balanced by the end of the first half. He also snuck in ...

OilVoice Press


Posted 21 hours agoOpinion > Malcy's BlogFaroe PetroleumSDX Energy

Statoil awarded 29 new production licences on the Norwegian Continental Shelf

In connection with the Award in Predefined Areas (APA) for 2016 Statoil has been awarded interests in 29 exploration licences on the Norwegian continental shelf (NCS), 16 of these as operator, and 13 as a partner. “The NCS is the core of Statoil's business, and we are pleased with the awards in t ...

OilVoice Press


Posted 22 hours agoPress > StatoilNorwegian Continental Shelf
All posts from oilvoice