46 Woodside Petroleum Ltd|Annual Report 2018
SENEGAL
SNE Field Development Phase 1
Woodside acquired a material position in the highly prospective oshore
region of Senegal in 2016 as a joint venture participant in the Rufisque
Oshore, Sangomar Oshore and Sangomar Deep Oshore (RSSD)
permit areas, 100 km oshore and south of Dakar. The RSSD blocks include
the SNE discovery which oers near-term oil production from the SNE
Field Development Phase 1 and is positioned to be Senegal’s first oshore
oil development.
The SNE Field Development Phase 1 has made substantial progress in 2018,
delivering on the planned program of work.
Since the discovery of the world-class SNE and neighbouring FAN fields
in 2014, a significant drilling program has been undertaken to appraise the
SNE field.
The first phase for the development will target an estimated 230 MMbbl of oil
resources (P50 gross) from the lower, less complex reservoirs, and an initial
pilot phase in the upper reservoirs.
The development concept is a stand-alone FPSO facility with 23 subsea
wells and supporting subsea infrastructure. The FPSO is expected to
have a capacity of around 100,000 bbl/day and will be designed to allow
subsequent SNE development phases, including options for gas export
to shore and for future subsea tie-backs from other reservoirs and fields.
The RSSD joint venture submitted the SNE Development and Exploitation
Plan to the Ministry of Petroleum and Energies in October 2018. In January
2019, the RSSD joint venture was granted an extension of the production
sharing contract (PSC) for the SNE area.
2018 HIGHLIGHTS
+Assumed the role of operator of
the SNE development in Senegal
+Commenced FEED activities
+Submitted the SNE Development and
Exploitation Plan to the Government
of Senegal
+Environmental and Social Impact
Assessment was approved
2019 ACTIVITIES
+Complete technical and commercial
activities to support FID
+Commence execute phase works
+Progress domestic gas opportunity
SNE Field Development Phase 1 concept (not to scale)