Stay Connected

Cairn to take command of offshore Senegal blocks

Offshore staff

EDINBURGH, UK – Cairn Energy has agreed to become operator of three contiguous blocks offshore Senegal.

Australian company FAR currently operates the Rufisque, Sangomar, and Sangomar Deep blocks in partnership with state oil company Petrosen.

These cover a total area of about 7,490 sq km (2,892 sq mi) of nearshore to deepwater, over the shelf, slope, and basin floor of the Senegalese portion of the Mauritania-Senegal-Guinea-Bissau basin. The acreage has been covered by a 2,050-sq km (791-sq mi) 3D seismic survey, and numerous play types, leads and prospects have been identified, with prospective resources of up to 1.5 Bboe.

Assuming approvals, Cairn will take a 65% interest and operatorship by fully funding one exploration well up to a certain level, with costs thereafter split between Carin (72.2%) and FAR (27.8%). Cairn will additionally pay 72.2% of costs incurred on the blocks by FAR to date.

The well, to be drilled in 2013/2014, will likely target the “L” prospect, which could hold more than 250 MMbbl. Depending on the results, further drilling could follow.

3/19/2013

Related Articles

EMGS receives survey contract award in Brazil

Nov 21, 2014

Electromagnetic Geoservices ASA has received a contract worth $1.5 million for a research project in Brazil.

QinetiQ acquires seismic capabilities from SR2020

Nov 21, 2014

QinetiQ has acquired the seismic processing and imaging capability of SR2020 Inc. for a purchase price of up to $1.7 million.

TGS signs LOA for 2D surveys over Mexico and US Atlantic

Nov 20, 2014

TGS has signed a letter of award with SeaBird Exploration to acquire up to 300,000 km (186,411 mi) of 2D seismic data offshore Mexico and in US Atlantic waters.

SeaBird receives LOI for 2D seismic survey in Southeast Asia

Nov 20, 2014

SeaBird Exploration Plc has received a letter of intent for a 2D seismic survey in Southeast Asia. The survey will have an estimated value of $12–13 million.

Technip makes offer to buy CGG

Nov 20, 2014

Technip has approached CGG about the prospects of acquiring the integrated geosciences company.

Trending News

ExxonMobil awards Alternate Path completion license to Delta Screens

Nov 21, 2014

ExxonMobil Upstream Research Co. has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technology patent portfolio for gravel packing cased-hole and openhole completion wells.

 

EMGS receives survey contract award in Brazil

Nov 21, 2014

Electromagnetic Geoservices ASA has received a contract worth $1.5 million for a research project in Brazil.

QinetiQ acquires seismic capabilities from SR2020

Nov 21, 2014

QinetiQ has acquired the seismic processing and imaging capability of SR2020 Inc. for a purchase price of up to $1.7 million.

Ocean Installer to place Delta House umbilicals

Nov 21, 2014

Ocean Installer has been awarded a contract for an umbilical installation project with Oceaneering for LLOG Exploration on the Delta House project.

Petrobras starts-up FPSO Cidade de Ilhabela

Nov 21, 2014

Petrobras has started production through the FPSO Cidade de Ilhabela from the Sapinhoá field in the Santos basin presalt offshore Brazil.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>