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Resourse: Petro Global News
Cairn Energy won approval on Tuesday to move forward with a multi-welldrilling program in offshore Senegal.
According to Offshore Technology, the UK-based company hopes to spinits drills later this year at an offshore block about 62 miles off Sengal’scoast after receiving approval from the country’s government.
The company made two discoveries last year at its offshore SenegalSNE-1 well and FAN-1 well.
The firm is currently planning a three well program that will includetwo appraisal wells of the SNE-1 discovery that will core and test thereservoir, as well as one shelf exploration well.
Targets for these wells will be drawn from a combination of furtherevaluation of the SNE-1 discovery, additional exploration in the shelf regionand exploration in the acreage around FAN-1.
There will also be a 772 square mile 3D seismic data acquisitioncampaign over the Sangomar and Rufisque blocks to help fully map theprospectivity of the contract area.
Cairn estimates that the existing two discoveries and the currentlyidentified prospects and leads have an estimated mean risked resource base ofmore than a billion barrels.
The company said it believes there is “substantial prospectivity”across all three of its blocks and added that, to date, at least five prospectsand eighteen leads have been identified and continue to be matured to drillablestatus.
The Ocean Rig Athena, a seventh generation dual activity drillship, hasbeen selected for the drilling program.
Cairn has a 40 percent working interest in three blocks offshore Senegal: Sangomar Deep, Sangomar Offshore andRufisque.
ConocoPhillips has 35 percent working interest, FAR Ltd has a 15percent working interest and Petrosen, the national oil company of Senegal, hasa 10 percent working interest.
The three blocks cover a combined 2,891 square miles.
“Our focus will be to add value in Senegal within abalanced, well funded company. We are well placed to take advantage of thisexciting opportunity as we build on the success of last year,” CEO SimonThomson said.
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