IES, a Morocco-based company, has signed a Memorandum of Understanding with the Moroccan Office National des Hydrocarbures et des Mines (ONHYM), for the exploration of a 240 km² plot in Tarfaya oil shale deposit, in southern Morocco. Following an analysis performed by Shell, IES assesses the deposit at over 1 bn barrels of oil equivalent (boe).
The Tarfaya deposit covers an area of about 2,400 km² east of the city of Tarfaya, on the Atlantic coast, 1,200 km south of Rabat. The sequence of bituminous rock is composed of alternating dark and light levels of chalky limestone. The most carbon-rich organic layer interval R belongs to the Upper Cenomanian.
A total of 137 surveys were performed in the deposit of Tarfaya. Reserves are estimated at 80 billion tons of oil shale containing 22 billion barrels of oil in place.
IES chose the Galoter method to transform oil shale into oil. Raw shale is extracted through conventional mining (no hydraulyc
fracturing) and processed by UTT-3000 units, designed and produced by TTU Ltd.