Cairn Energy this morning confirmed its latest Senegal well has made an oil find.
The firm was drilling the Fan South-1 well in the South Fan prospect offshore Senegal when it successfully uncovered oil in the deep portion of the basin.
Preliminary analysis indicates 31° API oil quality. Further work is being undertaken to integrate this discovery with FAN-1 to establish the potential commerciality of the deep water, basinal resource seen in these two wells.
Chief executive Simon Thomson said: “FAN South is our tenth well in Senegal in the last three years and our second well to encounter oil in the deep portion of the basin, adjacent to the FAN discovery.
“The results of FAN South will be integrated with FAN-1 and SNE to help the joint venture’s ongoing evaluation of the large, deep water basin potential offshore Senegal.
“As planning for the phased development of the SNE field moves ahead, we will shortly commence operations on the SNE North prospect which has the potential to enhance our total resources in Senegal.”
The Stena DrillMAX drill ship is now moving location to start operations at the SNE North exploration prospect, 15 km north of the SNE-1 discovery well and the most northerly location yet tested, on trend with the highly successful SNE field. SNE North is targeting a prospective volume of more than 80 mmbbls of total resource in multiple objectives. The well is located in ~ 900m water depth and the projected total depth of the well is 2,800m.