Shearwater to shoot seismic over Woodside’s SNE field

Business & Finance

Geoservices player Shearwater has been awarded a contract for a 3D seismic survey over the SNE field area located in Senegalese waters. 

SNE field development; Source: Woodside

Australia’s Woodside is the operator of the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture, which contains the SNE field development. Other partners in the field are Cairn Energy, FAR Limited, and Petrosen.

In a 1Q 2019 update on Tuesday, FAR said that, subsequent to the quarter, Shearwater had been awarded a high-definition 3D marine seismic survey contract to improve reservoir definition supporting SNE well positioning and optimization.

FAR also added that the survey is scheduled to start in June 2019. However, the company has not the revealed further details about the contract.

As previously reported, Woodside has also recently awarded well-based contracts for drilling at the SNE field development to two Diamond Offshore-owned drillships. The work scope includes 18 wells with options for eight additional wells over a combined duration of four years.

Back in February, Japan’s MODEC has won the front-end engineering design (FEED) contract for the SNE field development Phase 1 floating production storage and offloading (FPSO) vessel. Phase 1 of the development will target an estimated 230 mmbbl of oil resources from 11 producing wells, 10 water injectors and 2 gas injectors. Under this contract and subject to a final investment decision on the project in 2019, MODEC will be responsible for the supply, charter, and operations of the FPSO.

The FPSO will be designed to produce around 100,000 barrels of crude oil per day, with the first oil production targeted in 2022. It will be moored in water depth of approximately 800 meters.

FAR also mentioned that, in January 2019, the RSSD Joint Venture secured an extension of the Production Sharing Contract (PSC) for the SNE area until December 4, 2019, which gives security over the PSC whilst FEED and financing activities are undertaken by the Joint Venture in the lead up to FID in the second half of the year.

Location of SNE Field Development offshore Senegal
Location of SNE Field Development offshore Senegal. Source: Woodside

Offshore Energy Today Staff


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