Africa Oil Week Cairn Energy PLC Senegal Richard Heaton, November 2016
Exploration Portfolio Creating Growth Through Exploration Significant acreage positions with technical and commercial Geological Focus value Range of opportunities with appropriate spectrum of risk Seeking low cost options for…
Senegal: Introduction Cairn in Senegal Established office in Dakar 2013 with predominantly Senegalese staff Substantial shore supply base established in Dakar port 2016 Social investment in a number of programmes focused on…
Exploration Senegal Petroleum Background Previous offshore wells demonstrated oil Tiof Banda on the shelf (Esso 1968-1972) Tortue-1 Kosmos Chinguetti Tevet Gas DSDP wells confirm source rocks Discovery 2015 Marsouin Mauritania…
Discovery and Appraisal Discovery Wells Drilling Schematic 2014 two wells targeted multiple plays FAN multiple deepwater stacked Cretaceous reservoirs SNE Lower Cretaceous clastics over Carbonates SNE-1 on budget, on time and no…
Discovery and Appraisal SNE-1 Key Reservoir and Hydrocarbon Data SNE-1 Shelf Well SNE-1 MDT Pressure Profile Gas Gross 107m Net Pay 19m GAS 0.12 psi/ft Average Porosity (PHIE) 25% Average Hydrocarbon Saturation 70% Oil 100m…
Exploration and Appraisal - Senegal 3 Year Evaluation Programme S Aims N BEL-1 SNE-2 SNE-1 SNE-3 SNE-4 Evaluate whole licence area potential and value Evaluate volumes, connectivity and productivity of SNE field Evaluate volumes…
Exploration and Appraisal - Senegal SNE Increasing Resource Base Post SNE-21 (March 2016) Post SNE-42 (August 2016) STOIIP (mmbbls) STOIIP (mmbbls) 1C 1290 2C 2360 3C 4155 1C 1860 2C 2740 3C 4150 Contingent Resource (mmbbls)…
Senegal - Planning for Development From Discovery to Development Evaluation programme to confirm volumes, connectivity and productivity Further appraisal activity to improve definition of project in terms of scale Preliminary…
Development Development Concept Potential Foundation Project Concept will depend on a number of factors: Fluid type(s) Scale of resources and location Operating philosophy Reservoir management plans SNE base case exploitation scheme…
Exploration and Appraisal - Senegal Notional Development Scenario Development expenditure Dependent on concept solution and 1,800 120 scale of resources 1,600 Preliminary analysis based on 100 12-15/bbl1 (previous 17-26/bbl)…
Senegal - Planning for Development SNE Development Within Industry Technology Capability Field CATCHER KRAKEN CHINGUETTI SNE JUBILEE BAOBAB TEN AZURITE DALIA PSVM PERDIDO STONES First Oil 2017 2017 2006 2021 - 2023 2012 2005 2016 2009…
Exploration and Appraisal - Senegal Exploration Potential Multiple prospects in multiple plays matured on 2007 3D seismic reprocessed to PSDM in 2015 High quality reservoirs like SNE New 3D seismic Impact of SNE appraisal wells…
Senegal - Planning for Development Third Phase of Drilling 2016 / 2017 HSSE remains high priority; aim to build on good performance in 2015 / 2016 Drilling focused on some, or all, of: Deliverability of reservoir units not yet tested…
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