Cairn Energy announces results of FAN South-1 well, offshore Senegal – WorldOil (subscription)

The well encountered hydrocarbon bearing reservoir (Lower Cretaceous) and oil samples were obtained. 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.

FAN South-1 islocatedin ~2,175 m water depth,~90 km offshore intheSangomarDeep Offshore block and 30 km southwest of the FAN-1 exploration well.The well reachedTD of 5,343 m, targeting dual prospects: an Upper Cretaceous stacked multi-layer channelized turbidite fan prospect and a Lower Cretaceous base of slope turbidite fan prospect, similar to the FAN-1 oil discovery in 2014. FAN South -1 is being plugged and abandoned.

The rig is now moving location to commence 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 MMbbl of total resource in multiple objectives. The well is located in ~ 900 m water depth and the projected TD of the well is 2,800 m.

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Cairn Energy announces results of FAN South-1 well, offshore Senegal - WorldOil (subscription)