Cairn Energy hopes to do everything required on the SNE Field off Senegal, to reach first oil by 2022.
The London listed explorer has commenced Front-End Engineering and Design (FEED) activities on the first phase of the field development, it has announced.
FEED will entail various studies and activities to finalise budget, schedule and technical definition for the SNE Field development aimed at the Joint Venture reaching a Final Investment Decision (FID) in mid-2019, Cairn tweeted.
Phase 1 of the development will target an estimated 230Million barrels of oil resources from 11 producing wells, 10 water injectors and 2 gas injectors. This phase will primarily target the lower, less complex reservoirs. The FPSO is expected to have a capacity of around 90,000Barrels per day of liquids in Phase 1, with first oil production targeted in 2022.