Senegal names Elenilto operator of Offshore Sud

Offshore staff

DAKAR, Senegal – Elenilto is named operator of the Senegal Offshore Sud Shallow Oil block production sharing contract. Petrosen will have a minority participation interest.

The block covers 7,920 sq km (3,058 sq mi) in Southern Senegal Casamance offshore basin, covered by 2D seismic. Oil Resources volumetric assessment based on reprocessed 2D seismic coverage indicates potential of 500-800 MMbbl oil in first priority leads. Other deeper possibilities are highly likely and will be explored by Elenilto.

Elenilto has selected two areas of interest as first priority for immediate further exploration and plans to begin a 3D seismic survey.

The company will invest $10 million on the 3D seismic and drilling wells in the shallow water block.

12/31/2012

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...