#Country Updates #News #Senegal #Upstream Exploration & Production

AGC Opens Bid Round

The Agence de Gestion et de Cooperation entre Le Senegal at La Guinee Bissau (AGC) has launched a bid round for the AGC Shallow block 100 km offshore. Water depths in the block range from 25-100 meters with the known oil at the Domes setting in depths of 50-70 meters.

According to MGGS and GeoPartners, which are supporting the promotion, the block contains the Domes Flore and Gea discoveries and the exploration prospect Dome Iris.

To date, 14 wells have been drilled on the acreage but only one based on 3D seismic data, which was first acquired in 1982 and then re-shot in 2003. The most recently acquired 3D data was in 2012. Early wells in shallow reservoirs overlying the salt induced domes at Flore and Gea are said to have proven significant oil volumes.

For further details click on the link below

Source: PetroleumAfrica

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