High hopes for Senegal oil reservoir discovery
Oil reservoir discovery off Senegal could house significant potential for the area
An apparently-substantial oil discovery off Senegal could extend west Africa's oil province to its western tip. Cairn, the Scotland, UK, based explorer, said in October that its FAN-1 well found an oil reservoir which has "significant potential as a standalone discovery". The well found a net 29 metres of oil reservoir in a zone of more than 500 metres, with no water-contact and with oil gravity ranging from 28°- 41° API. The firm estimated that FAN-1 discovered oil-in-place resources of 250 million barrels with a 90% probability, or 950m barrels at P50 or 2,500m barrels at P10. The well was drilled about 100 km offshore, in water 1,427 metres deep. It lies in the Sangomar Deep block, one
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