Ocean Rig Athena Drillship to Mobilize for Senegal Drilling Program Shortly

Africa-focused oil and gas exploration company FAR Limited reported Wednesday that the firm and its partners have contracted the Ocean Rig Athena (UDW drillship) for an upcoming exploration drilling program at the joint venture's blocks offshore Senegal.

The Ocean Rig Athena, currently under long term contract with ConocoPhillips which will play a key role in project managing the drilling program, is now in Angola and FAR expects the drillship to commence mobilization to Senegal in the next few days.

The Senegal drilling program includes three wells -- comprising two appraisal wells at the SNE-1 oil discovery that will include a coring and testing program -- and one shelf exploration well to further evaluate the shelf area prospectivity. This drilling, logging, coring and testing program is expected to be completed by mid-2016.

The first two wells (SNE-2 and SNE-3) will be drilled to appraise the SNE field and are aimed at progressing towards proving the threshold economic field size which FAR estimates to be around 200 million barrels for a foundation project.

The third well (BEL-1) in the drilling program -- the first exploration well to be drilled in the blocks following the discoveries at the FAN-1 and SNE-1 wells -- will aim to build the resource base within tie-back range of a possible future hub development over the SNE field. It will be drilled into the Bellatrix Prospect which has been mapped by FAR to contain 168 million barrels of oil on a gross, unrisked, prospective resource basis with 25 million barrels net to FAR.

“We look forward to drilling our exciting next phase of Senegal wells with the Ocean Rig Athena. When this modern drill ship is combined with the experience gained from drilling the FAN-1 and SNE-1 discovery wells and the capabilities of the ConocoPhillips drilling organization, we expect to deliver very efficient Senegal drilling operations. In addition, the joint venture has been able to take advantage of reduced deepwater rig rates and has secured the rig for a firm three wells and options for an additional three wells in the event of success,” FAR's Managing Director Cath Norman said in the press release.

FAR estimates there is 1.5 biilion barrels of gross prospective resources (225 million barrels net) in several drilling prospects that lie within subsea tie-back distance to a proposed SNE production hub.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  ExxonMobil Starts Fuels Production at ... (Sep 21)
 -  How to Become a Safety Engineer (Sep 18)
 -  How to Become a Geologist (Sep 15)
 -  Oil, Gas Industry Leadership Group to ... (Sep 14)
 -  CB&I Wins China PDH Unit Contract (Sep 11)

Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Manager
Expertise: Drilling Manager|Drilling Superintendent
Location: Dallas, TX
Drill Rig Operator
Expertise: Driller|Drilling Foreman / Drilling Supervisor|Production Operator
Location: Hayward, CA
Tool Pusher
Expertise: Field Service Tech|Toolpusher
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours