Cairn’s discoveries offshore Senegal from the country’s first deep water wells opened up a new basin on the Atlantic Margin. Cairn operated three drilling programmes and successfully laid the foundation for Senegal’s first multi-phase oil and gas development.
The FID of the Sangomar Field Development was achieved in January 2020 following receipt of the 25-year Exploitation Authorisation from the Government of Senegal. Phase 1 of the development will target estimated 2P recoverable oil reserves of 231mmbbls. Over the life of the field, total recoverable oil resources are estimated to be ~500mmbbls with the development also planning gas export to shore.
in July 2020, Cairn announced an agreement to sell the entire interest in Senegal to Woodside and this transaction is expected to complete in Q4 2020.
Sangomar Field Development video courtesy of Woodside