Cairn Energy is gearing up to start the third phase of its drilling program offshore Senegal in late January, aiming to further evaluate the SNE discovery.
Cairn has so far drilled six successful wells in Senegal and the 2017 drilling program plans for two new, firm wells. The new wells are meant to optimize the SNE field development plan before submission to the Government of Senegal for approval.
Cairn said in an update on Tuesday that the third phase of drilling off Senegal will start in late January 2017 with further evaluation of the SNE discovery.
The two planned wells, SNE-5 and SNE- 6, will drilled in the south of the SNE structure with the aim of providing key connectivity and deliverability data from upper reservoirs by conducting well tests, including interference testing.
The joint venture, where Cairn has 40% working interest, is finalizing the selection of further optional exploration and appraisal wells to follow the two firm wells and ensure efficient evaluation of the full license area.
The Stena DrillMAX, sixth generation drillship, was contracted in November last year for two firm wells in the exploration and appraisal campaign with multiple follow-on options.
Cairn noted that current conceptual development plans envisage a range of options, including phased development to capture potentially extensive resource base.
Simon Thomson, Chief Executive at Cairn Energy, said: “The 2017 drilling program aims to further define the SNE field for development and target additional exploration upside on the acreage.”
He also said the company is fully-funded in respect of all of its capital commitments.
Cairn’s partners in three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore, Rufisque Offshore) are ConocoPhillips* with 35% WI, Far Limited with 15% WI, and Petrosen, the national oil company of Senegal, with 10% WI.
*ConocoPhillips sold its stake to Australian firm Woodside, however, Far Ltd has been disputing the validity of the sale.
Offshore Energy Today Staff