High hopes for Senegal oil reservoir discovery
Oil reservoir discovery off Senegal could house significant potential for the area
An apparently-substantial oil discovery off Senegal could extend west Africa's oil province to its western tip. Cairn, the Scotland, UK, based explorer, said in October that its FAN-1 well found an oil reservoir which has "significant potential as a standalone discovery". The well found a net 29 metres of oil reservoir in a zone of more than 500 metres, with no water-contact and with oil gravity ranging from 28°- 41° API. The firm estimated that FAN-1 discovered oil-in-place resources of 250 million barrels with a 90% probability, or 950m barrels at P50 or 2,500m barrels at P10. The well was drilled about 100 km offshore, in water 1,427 metres deep. It lies in the Sangomar Deep block, one
Also in this section
5 December 2025
Mistaken assumptions around an oil bull run that never happened are a warning over the talk of a supply glut
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
