JV partner FAR reports that the operator Cairn Energy has moved the Transocean Cajun Express semi-submersible rig from the FAN-1 well location to the SNE-1 well location whilst ongoing maintenance is being completed.
The FAN-1 well has been drilled to 1,200 metres below the seabed
where 20” casing was cemented completing the ‘top hole’ portion of the
well. The rig has then moblised to the SNE-1 location to most
efficiently utilise the rig by drilling the ‘top hole’ portion of this
second well. After 20” casing is cemented on the SNE-1 well, the rig
will return to the FAN-1 well location in five to seven days, and drill
to the total planned depth.
FAR recently signed two farm in deals with ConocoPhillips and Cairn Energy to secure its share of funding for the two high impact offshore exploration wells in Senegal. FAN-1 is located on the North Fan prospect in 1,500m water depth. SNE-1
is targeting a shelf edge prospect in 1,100m of water. The wells are
the first deep water (>1,000m) wells drilled in Senegalese waters and
the first offshore wells to be drilled for over 20 years. The two
exploration wells will test combined prospective resources of approx.
1.5 billion barrels of unrisked prospective resources (225 mmbbls net to
FAR) and FAR retains a 15% working interest in the blocks, with Cairn Energy holding 40%, ConocoPhillips 35% and Petrosen 10%.
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