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 Ugandan government aims to authorise its national oil company to borrow $2 billion from Vitol to fund strategic projects, combining investments in oil infrastructure with support for national logistics needs.
British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.
The United States has implemented a full blockade on sanctioned tankers linked to Venezuela, escalating restrictions on the South American country's oil flows.
Deliveries of energy petroleum products fell by 4.5% in November, driven down by a sharp decline in diesel, while jet fuel continues its growth beyond pre-pandemic levels.
ReconAfrica is finalising preparations to test the Kavango West 1X well in Namibia, while expanding its portfolio in Angola and Gabon to strengthen its presence in sub-Saharan Africa.
Shell has reopened a divestment process for its 37.5% stake in Germany's PCK Schwedt refinery, reviving negotiations disrupted by the Russia-Ukraine conflict and Western sanctions.
Aliko Dangote accuses Nigeria’s oil regulator of threatening local refineries by enabling refined fuel imports, while calling for a corruption probe against its director.
Shell Offshore approves a strategic investment to extend the life of the Kaikias field through a waterflood operation, with first injection planned for 2028 from the Ursa platform.
Oil prices drop amid progress in Ukraine talks and expectations of oversupply, pushing West Texas Intermediate below $55 for the first time in nearly five years.
The US energy group plans to allocate $1.3bn to growth and $1.1bn to asset maintenance, with a specific focus on natural gas liquids and refining projects.
Venezuelan state oil group PDVSA claims it was targeted by a cyberattack attributed to foreign interests, with no impact on main operations, amid rising tensions with the United States.
BUTEC has finalised the financing of a 50 MW emergency power project in Burkina Faso, structured under a BOOT contract and backed by Banque Centrale Populaire Group.
BW Energy has signed a long-term lease agreement with Minsheng Financial Leasing for its Maromba B platform, covering $274mn of the project’s CAPEX, with no payments due before first oil.
Shell will restart offshore exploration on Namibia’s PEL 39 block in April 2026 with a five-well drilling programme targeting previously discovered zones, despite a recent $400mn impairment.
Iranian authorities intercepted a vessel suspected of fuel smuggling off the coast of the Gulf of Oman, with 18 South Asian crew members on board, according to official sources.
Harbour Energy will acquire Waldorf Energy Partners’ North Sea assets for $170mn, increasing its stakes in the Catcher and Kraken fields, while Capricorn Energy settles part of its claims.
The Big Beautiful Gulf 1 sale attracted more than $300mn in investments, with a focused strategy led by BP, Chevron and Woodside on high-yield blocks.
The United States intercepted an oil tanker loaded with Venezuelan crude and imposed new sanctions on maritime entities, increasing pressure on Nicolas Maduro’s regime and its commercial networks in the Caribbean.

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.