Minimum Economic Field Size

  • FAR Confirmed Commercial Viability in Senegal’s Offshore Field

    FAR Confirmed Commercial Viability in Senegal’s Offshore Field

    Thursday, 1st September 2016
    Australian FAR Ltd. has achieved the minimum economic field size for a commercial development of the SNE oil field offshore Senegal. The project's operator Cairn Energy previously assessed the minimum economic field size to be around 200m barrels.