Chariot kicks off oil exploration at Dartois prospect in Morocco

Chariot kicks off oil exploration at Dartois prospect in Morocco

Chariot has kicked off oil exploration works in Morocco. The London-listed firm commenced works with drilling the OBA-1 well on the Dartois prospect within the Loukos licence, located onshore Morocco.

The Dartois prospect is estimated to contain 12 billion cubic feet (bn ft³) of recoverable prospective natural gas resources. This drilling targets a different trapping style compared to the previously drilled Gaufrette prospect by the RZK-1 well. Chariot has highlighted that a successful drilling at Dartois could potentially lead to the development of additional prospects with a combined best estimate of 20 bn ft³ of recoverable resources.

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Oil potential

Duncan Wallace, Chariot’s technical director, expressed optimism about the drilling campaign, noting the quick transition to the OBA-1 well following the operations at Gaufrette. He emphasized that Dartois is located in a different reservoir fairway and along a trend from an existing gas discovery, indicating potential for further successful developments.

Chariot secured the Loukos licence in August of the previous year, covering approximately 1,371 km². The Loukos licence is adjacent to Chariot’s Lixus and Rissana offshore licences, where the Anchois gas discovery and development project is situated. Chariot holds a 75% interest in the Loukos project and operates it, while the Moroccan state-owned ONHYM holds a 25% stake.