• 2 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 5 minutes Middle East on brink: Oil tankers attacked off Oman
  • 8 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 7 mins Iran downs US drone. No military response . . Just Destroy their Economy Completely. Can Senator Kerry be tried for aiding enemy ?
  • 6 hours Emissions Need To Be Halved To Avoid 3C Warming
  • 1 hour The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 2 hours Coal Boom in Asia is Real and a Long Trend
  • 4 hours Here We Go: New York Lawmakers Pass Aggressive Law To Fight Climate Change
  • 5 hours Summit in Pyongyang: China's Xi Says World Hopes North Korea-U.S. Talks Can Succeed
  • 15 hours Solar Panels at 26 cents per watt
  • 6 hours Pioneer CEO Said U.S. Oil Production would be up to 15 mm bbls/day NOW if we had the pipelines. Permian pipelines STARTING Q3
  • 1 hour Huge UK Gas Discovery
  • 1 day Trudeau approves Trans Mountain Pipeline
  • 21 hours Magic of Shale: EXPORTS!! Crude Exporters Navigate Gulf Coast Terminal Constraints
  • 1 day Hormuz and surrounding waters: Energy Threats to the World: Oil, LNG, shipping markets digest new risks after Strait of Hormuz attack
  • 21 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief
  • 19 hours Ireland To Ban New Petrol And Diesel Vehicles From 2030
  • 18 hours US Shale Drilling lacks regulatory body.
America’s Most Important Natural Gas Export Market

America’s Most Important Natural Gas Export Market

Trump’s plans to impose tariffs…

Oil Spikes On Soaring U.S., Iran Tensions

Oil Spikes On Soaring U.S., Iran Tensions

Oil prices spiked on Thursday…

Zainab Calcuttawala

Zainab Calcuttawala

Zainab Calcuttawala is an American journalist based in Morocco. She completed her undergraduate coursework at the University of Texas at Austin (Hook’em) and reports on…

More Info

Morocco Could Start Pumping Natural Gas By 2019

Natural gas storage

Morocco could become a player in the natural gas market by 2019, according to a new report by Interfax.

The Sound Energy Company, which focuses on projects in Africa and Europe, announced the successful drilling of the Tendrara Gas to a depth of 3,459 meters this week, according to Morocco World News.

The firm published an official report titled “Tendrara: TE-7 – Completion of Drilling and Log Results” to describe the results of the operation.

The next drilling exercise, TE-8, will prove additional volumes of gas in the field, Sound Energy contends, predicting that the site could hold anywhere in between 3 to 4 trillion cubic feet of gas.

Sound Energy also owns a 55 percent stake in the neighboring Meridja field.

Meridja and Tendrara lay within 75 miles of a special gas pipeline that connects Morocco and Algeria to the gas grids of Spain and Portugal.

Sound Energy’s stocks have increased four-fold since the beginning of July due to its success in the North African kingdom.

The company’s finance director Mary Hood was recently asked in a Proactive Investors interview about the size of the Moroccan find.

“Did the multi-TCF potential surprise us?” she asked hypothetically. “No, it didn’t, but, what we were looking for was a commercial flow rate of say 3 to 3.5 million scuffs [standard cubic feet or ‘scf’] per day, and what we’ve actually got from that first well, the T6 well, is a flow rate of 17mln scuffs per day.”

“It definitely surpassed our expectations,” she added.

Morocco is a net energy importer country that has been at the forefront of the charge towards renewable energy.

Its massive Noor solar power plant – the largest in the world – in the desert city of Ouarzazate will provide power to over a million people by the time the third phase of the project is completed in 2018.

By Zainab Calcuttawala for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News