Project Profile
Value: US$250 million
Location: 40km from the coast of Morocco
Start-up Year: 2014
The Anchois gas field is located in the Tanger-Larache Concession 25 miles (40 kilometres) offshore Morocco. Repsol is the operator of the concession, holding a 36% interest; Dana holds 15%; Gas Natural holds 24%; and ONHYM holds the remaining 25% interest.
On March 30, 2009, the consortium announced a discovery was made at the Anchois-1 well when it reached a total depth of 7,989 feet (2,432 metres). The well encountered two intervals of high quality, gas-bearing sands measuring a combined 295 feet (90 metres). Preliminary estimates show the field holds 100 Bcf of reserves.
Before deciding on further exploratory drilling in the license, the JV will analyse the data.
Operator:
Repsol YPF: Operator with 36% interest
Dana Petroleum: 15% interest
Gas Natural SA: 24% interest
Office National des Hydrocarbures et des Mines: 25% interest