Morocco: Predator Oil begins drilling MOU-5 well in Guercif to assess 6 TCF gas potential

Predator Oil continues its work in Guercif, Morocco, with the drilling of the MOU-5 well. The goal is to assess the estimated 6 TCF reserves as part of the national effort to secure gas supply.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Predator Oil is continuing its gas exploration programme in Morocco, where the company has already drilled four wells on its Guercif licence. March 3, 2025, marks the start of drilling for the MOU-5 well, a strategic step in evaluating the gas potential of the site. Gas reserves in the region are estimated at 6 trillion cubic feet (TCF), and the success of this project could have a significant impact on the country’s energy supply.

Although previous drilling results have been mixed, Predator Oil is pinning its hopes on the MOU-5 well to more accurately assess the amount of exploitable gas. The company is focusing on shallow reservoirs, which would allow for rapid production if exploitable resources are discovered. This approach aims to optimise drilling costs, a crucial factor given the growing national and international demand for gas.

A strategic region for gas exploitation

The location of Guercif, near existing gas infrastructure, enhances the project’s appeal. If drilling proves successful, the proximity to transport and distribution networks will facilitate the rapid integration of extracted gas into the national energy system. Predator Oil is thus striving to maximise cost-efficiency while exploring the potential of the region.

Morocco, with its desire to reduce energy dependence, sees the exploitation of its gas resources as an opportunity to secure the stability of its gas supply. This exploration is part of a broader energy diversification strategy, in response to the closure of the Maghreb-Europe Gas Pipeline (GME) in 2021, which ended a partial gas supply.

A key issue for Morocco’s energy policy

The development of local gas resources has become a priority for Morocco, especially after the cessation of the GME. This situation has pushed the country to turn to domestic solutions to secure its gas supply. If the Guercif drilling proves successful, it will contribute to strengthening the country’s strategy to diversify its energy sources and reduce reliance on imports.

The exploration at Guercif is therefore part of a broader energy policy, where Moroccan authorities are seeking to fully exploit local resources to support long-term energy independence. The results of the drilling work, which is expected to last around 12 days, will be crucial for the future of the project.

The removal of two Brazilian refiners and Petrobras’ pricing offensive reshuffle spot volumes around Santos and Paranaguá, shifting competition ahead of a planned tax increase in early 2026.
Shell Pipeline has awarded Morrison the construction of an elevated oil metering facility at Fourchon Junction, a strategic project to strengthen crude transport capacity in the Gulf of Mexico.
An arrest warrant has been issued against Timipre Sylva over the alleged diversion of public funds intended for a modular refinery. This new case further undermines governance in Nigeria’s oil sector.
With only 35 days of gasoline left, Bulgaria is accelerating measures to secure supply before US sanctions on Lukoil take effect on November 21.
Russia is negotiating the sale of its stake in Serbian oil company NIS as US sanctions threaten the operations of the company, which plays a key role in Serbia’s economy.
TotalEnergies, QatarEnergy and Petronas have signed a production sharing contract to explore the offshore S4 block in Guyana, marking a new step in the country’s opening to operators beyond ExxonMobil.
India boosts crude imports from Angola amid tightening U.S. sanctions on Russia, seeking low-risk legal diversification as scrutiny over cargo origins increases.
The shutdown of Karlshamn-2 removes 335 MW of heavy fuel oil capacity from southern Sweden, exposing the limits of a strategic reserve model approved but inoperative, and increasing pressure on winter supply security.
The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
Faced with US sanctions targeting Lukoil, Bulgaria adopts emergency legislation allowing direct control over the Balkans’ largest refinery to secure its energy supply.
MEG Energy shareholders have overwhelmingly approved the acquisition by Cenovus, marking a critical milestone ahead of the expected transaction closing later in November.
Petrobras reported a net profit of $6 billion in the third quarter, supported by rising production and exports despite declining global oil prices.
Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.
The Trump administration will launch on December 10 a major oil lease sale in the Gulf of Mexico, with a second auction scheduled in Alaska from 2026 as part of its offshore hydrocarbons expansion agenda.
The US group increased its dividend and annual production forecast, but the $1.5bn rise in costs for the Willow project in Alaska is causing concern in the markets.
Canadian producer Saturn Oil & Gas exceeded its production forecast in the third quarter of 2025, driven by a targeted investment strategy, debt reduction and a disciplined shareholder return policy.
Aker Solutions has secured a five-year brownfield maintenance contract extension with ExxonMobil Canada, reinforcing its presence on the East Coast and workforce in Newfoundland and Labrador.
With average oil production of 503,750 barrels per day, Diamondback Energy strengthens its profitability and continues its share buyback and strategic asset divestment programme.
International Petroleum Corporation exceeded its operational targets in the third quarter, strengthened its financial position and brought forward production from its Blackrod project in Canada.
Norwegian firm DNO increases its stake in the developing Verdande field by offloading non-core assets to Aker BP in a cash-free transaction.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.