FAR 3.41% 45.5¢ far limited

Woodside hires two Diamond drillships for Senegal operations, page-2

  1. 13,276 Posts.
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    Good pickup Ksingh, so drilling to commence 4th quarter next year . FAR believes that that wells in the 500 series sands ,with laterals, could initially produce up to 30,000 BOPD each, so it wouldn't take many of them to produce 100,000 BOPD , although it's unlikely they would flow them at that rate. My understanding is they are concentrating on the 500 series sands first.

    Basically it won't take many production wells initially to achieve first oil IMO, plus injection wells required and then just continue on drilling the remainder of the wells required for phase 1..from what I can see from the Phase 1 plan there are only 6 production wells, 16 for water injection and 1 for gas.

    The subsea work should begin sometime in 2021 while the Drillship is getting fitted out...sounds like things are on track for first oil in 2022 and hopefully at the start of it....

    Cheers Whisky
 
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