FAR still evaluating offshore Senegal prospects

Shell has completed a CSEM data acquisition and geophysical evaluation program over part of the Sangomar Offshore, Rufisque Offshore, and Sangomar deep offshore blocks offshore Senegal, West Africa.

Offshore staff

SUBIACO, Australia -- Shell has completed a CSEM data acquisition and geophysical evaluation program over part of the Sangomar Offshore, Rufisque Offshore, and Sangomar deep offshore blocks offshore Senegal, West Africa.

The study focused on three deepwater fan systems. While resistive EM anomalies were identified within the survey area, they did not correlate in the Northern and Central fans. The anomaly was seen, but is complex in the Southern and most prospective fan.

The presence of highly resistive carbonates and the lack of nearby well control for calibration purposes influenced the findings, operator First Australian Resources (FAR) says. FAR is currently reviewing the study and may undertake further work involving independent contractors.

Shell has decided not to proceed with its drilling option. As a result, FAR has lodged an application with the Senegalese Minister for Energy and Biofuels for a one-year extension to the current license term, which expires on Nov 22. The company has also begun farm-in discussions with other potential farm-in partners.

09/22/2009

More in Geosciences