Savannah Petroleum is to begin the installation of an Early Production System by the end of the Financial Year 2021, market conditions and financing permitting, and to deliver its initial production of 1,500 barrels per day from the R3 East development, to the Zinder refinery in Niger Republic.

The company has completed the seismic interpretation of faults and horizons, supported by attributes analysis which has increased the structural, stratigraphic and sedimentological interpretation. Per the newly interpreted PSDM, 3D geocellular models gave been built for the Amdigh and Eridal discoveries. The resulting oil-in-place volumes are in line with previously reported estimated figures from the Niger CPR dated April 2020.

Significant further potential on the Savannah PSC areas remains, with 146 further potential exploration targets having been identified for future drilling consideration as Savannah looks to follow up on its highly successful R3 East drilling campaign in 2018, which saw five exploration discoveries from five exploration wells. The R3 East portfolio is currently being re-evaluated based on the newly interpreted PSDM seismic dataset with a focus on the deeper Cretaceous plays.

In the release, Savannah said: “Subsurface work has been progressing well following the completion of our Pre-Stack Depth Migration (PSDM) processing of the R3 East seismic in 2019.”