Offshore Gambia Exploratory Test Spud By FAR Ltd.

Drilling Activity Details

Locations

Gambia

Operators
Post Date
Shore Type
Well Name
#1-Samo
Geo Coordinate

Drilling Activity Summary

Description

Offshore Gambia exploration well #1-Samo has been spud by FAR Ltd. in Block A2. The venture is in 1,000 m of water with a planned depth of 3,100 m and is targeting two key reservoir intervals thought to contain total prospective resources of 825 MMbbl of recoverable, gross, best estimate, unrisked oil. Good quality reservoirs have been interpreted from 3-D seismic data at both levels. FAR operates the A2 Block and #1-Samo with 40% interest in partnership with Petroliam Nasional, with 40% via farm-in, and Erin Energy holding the remaining 20%. FAR is based in Melbourne, Australia.