British gas and oil exploration company Chariot Oil & Gas has set up a Stena Don drilling station on the Larache shore, to start drilling for gas in the Anchois 1 well, as seen on Vesselfinder, maritime eCommerce platform.
As part of its Lexus permit, the company’s operation is expected to last 40 days and should confirm the exact volume of gas resources in the area, the quality of the reservoir, and the capacity of the well.
The overall estimation of the Larache shore gas resources is around 28 billion square meters.
Chariot Oil & Gas had announced in late October that it had secured an unnamed partner and buyer for the Larache Anchois field.
Overall, the field covers an area of approximately 2,390 km2, with depths ranging from the coast up to 850 meters.
Projections resulting from exploration studies have shown that the perimeter located in the Moroccan Sea is home to more than one trillion cubic feet of natural gas.
The area had already been explored about ten years ago by Spanish group Repsol with 3D seismic data, but they had estimated that the potential was not profitable enough to invest there.
Chariot Oil & Gas drilled to a greater depth and signed a memorandum of understanding (MoU) with the Moroccan Ministry of Industry and the National Office of Hydrocarbons and Mines (ONHYM).
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