By March 16, 2016 Read More →

Kosmos Energy: Major West Africa gas find sets up ‘world-scale LNG project’

Kosmos Energy working toward commercialization of LNG project after major natural gas discovery offshore Mauritania, Senegal

Kosmos

Profond license area in Senegal

Dallas-based Kosmos Energy says it has enough natural gas for a “world-scale LNG project” after extending its significant discover in Tortue West off the shore of West Africa.

Kosmos Energy says its Ahmeyim-2 appraisal well – located in Mauritanian waters and drilled to a depth of 5,200 meters – has successfully delineated the Ahmeyim and Guembeul gas discoveries.

“With this well, we believe we have proven sufficient gas resource to underpin a world-scale LNG project in the Tortue West structure alone,” said CEO Andrew G. Inglis.

“The combination of the resource size and quality continue to support our view that Tortue is a competitive source of LNG and we are working towards commercialization.”

Kosmos Energy says that in the Lower Cenomanian and Albian, Ahmeyim-2 extended the productive field area from 50 to 90 square kms.

“Ahmeyim-2 is our fourth successful exploration and appraisal well and continues our 100 per cent success rate in the outboard Cretaceous petroleum system offshore Mauritania and Senegal, further demonstrating that Kosmos has opened a world-class hydrocarbon province,” said Inglis.

Highlights:

Kosmos

Andrew G. Inglis, chairman and chief executive officer

  • The well encountered 78 meters (256 feet) of net gas pay in two excellent quality reservoirs. Results demonstrate Tortue West is a large, simple gas field.
  • Gross resource estimate for Tortue West structure increases to 15 Tcf from 11 Tcf
  • Pmean gross resource estimate for Greater Tortue Complex rises to over 20 Tcf (from 17 Tcf)
  • Blocks are contiguous, range in water depth between 1,000 and 3,000 meters, and have combined acreage of approximately 27,000 square kms
  • Kosmos operates Ahmeyim-2 well with 90% equity, partner SMHPM has 10%

“We now plan to drill the first of three independent oil tests in our blocks offshore Mauritania and Senegal, starting with the Teranga-1 well, located in the Cayar Offshore Profond Block, offshore Senegal,” said Inglis.

 

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