© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania
Posted 27th April 2015

Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania

Kosmos Energy announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania
Image

Kosmos Energy Makes Significant Gas Discovery Offshore Mauritania

Kosmos Energy announced today that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.

Based on the preliminary analysis of drilling results and intermediate logging to a depth of 4,630 meters, Tortue-1 has intersected 107 meters (351 feet) of net hydrocarbon pay. A single gas pool was encountered in the primary Lower Cenomanian objective. The Lower Cenomanian is comprised of three excellent quality multi-Darcy reservoirs totaling 88 meters in thickness over a gross hydrocarbon bearing interval of 160 meters. A fourth zone 19 meters thick was penetrated within the secondary Upper Cenomanian target over a gross hydrocarbon bearing interval of 150 meters.

Andrew G. Inglis, chairman and chief executive officer, said: “Volumetrically, the Tortue-1 well has far exceeded our pre-drill expectations and has discovered a large scale gas resource. Our seismic imaging indicates the areal extent of Tortue West could cover approximately 90 square kilometers that will be better defined with appraisal drilling. Importantly, given the results and excellent well-to-seismic calibration, the Tortue-1 well has significantly de-risked our large and under-explored 27,000 square kilometer deepwater position in Mauritania. Our acreage offers substantial follow-on prospectivity including a diverse range of Cenomanian as well as deeper Cretaceous plays and fairways with strong dependency.”

An appraisal program is being planned to delineate the Tortue West discovery. In addition, the Marsouin-1 exploration well, located in the central part of Block C-8, is expected to spud in the third quarter of 2015. An exploration program is also being formulated to test the other prospects in the Greater Tortue Complex, which extends into the St. Louis Offshore Profond Block in Senegal, including the Tortue East and Tortue North prospects. In support of this program, a 3D seismic survey acquired over our Senegal blocks in 2014 is currently being processed and interpreted.

Brian F. Maxted, chief exploration officer, said: “This significant play-opening discovery validates our frontier exploration strategy where we are now one in three in our ‘Second Inning’ campaign. Our results demonstrate that our organic deepwater exploration business model, which targets early access to build large acreage positions with significant follow-on dependent prospectivity, can deliver significant value for our shareholders.”

Located approximately 285 kilometers southwest of Nouakchott in 2,700 meters of water, and drilled with the Atwood Achiever drillship, the Tortue-1 well is now drilling to the planned total depth of approximately 5,250 meters. Kosmos currently owns a 90 percent interest in the Tortue Prospect, along with Société Mauritanienne Des Hydrocarbures et de Patrimoine Minier (SMHPM) at 10 percent. Since 2012, Kosmos has held rights to conduct exploration in the C-8, C-12 and C-13 contract areas under production sharing contracts with the Government of Mauritania. In March 2015, Chevron Mauritania Exploration Limited, a wholly owned subsidiary of Chevron Corporation, acquired a 30% non-operated interest in the C-8, C-12 and C-13 contract areas under production sharing contracts. Chevron has an option to elect to participate at a 30% interest in the Tortue Prospect, subject to Chevron paying a disproportionate share of their costs related to the Tortue-1 exploration well. The blocks are contiguous, range in water depth between 1,000 and 3,000 meters, and have combined acreage of approximately 27,000 square kilometers.

Categories: Strategy


You Might Also Like
Read Full PostRead - Eye Icon
The Role of Predictive Analytics in Business Growth and Revenue Forecasting
News
12/04/2023The Role of Predictive Analytics in Business Growth and Revenue Forecasting

In today's fast-paced business environment, staying ahead of the competition requires more than just intuition and guesswork. 

Read Full PostRead - Eye Icon
Spiders in the Web: The Risks of Online Crime to Legal Businesses
Strategy
17/05/2016Spiders in the Web: The Risks of Online Crime to Legal Businesses

Protective Intelligence provides consultancy and training on Cyber Security and Data Protection.

Read Full PostRead - Eye Icon
Mark Lyttleton, Prana Partners Founder: Presenting the Perfect Pitch
News
20/11/2023Mark Lyttleton, Prana Partners Founder: Presenting the Perfect Pitch

Mark Lyttleton, Prana Partners Founder: Presenting the Perfect Pitch Mark Lyttleton is the founder of Prana Partners, an organisation launched with the mission of increasing humanity and collaboration in business, sharing knowledge gained over decades of inves

Read Full PostRead - Eye Icon
5 Roles of Tax Accountants in Gold Coast in Financial Planning and Wealth Management
News
08/07/20245 Roles of Tax Accountants in Gold Coast in Financial Planning and Wealth Management

5 Roles of Tax Accountants in Gold Coast in Financial Planning and Wealth Management Tax accountants in Gold Coast play a pivotal role in financial planning and wealth management. Their expertise extends beyond mere tax preparation, encompassing strategic plan

Read Full PostRead - Eye Icon
Safety Considerations Your Fleet Company Cannot Afford to Overlook
News
19/07/2022Safety Considerations Your Fleet Company Cannot Afford to Overlook

Every type of business and job has some element of safety that needs to be a top priority. While there are safety considerations that are essentially universal, there are also many that are a great deal more specific. When you are the owner of a fleet company,

Read Full PostRead - Eye Icon
Is Gold A Promising Retirement Investment?
Finance
13/02/2023Is Gold A Promising Retirement Investment?

Retirement investments are essential for your later days, especially when you can no longer generate regular income like you used to.

Read Full PostRead - Eye Icon
Mobile Operators Sitting on ‘Treasure Trove of Rich Information’ with Movement Analytics
Innovation
Read Full PostRead - Eye Icon
The Impacts of Corporate Tax Reform III
Legal
04/01/2017The Impacts of Corporate Tax Reform III

We are a full-service business law firm. This enables us to render all our services as integrated services across legal areas. Most of our clients are multinational businesses. The firm was established 1911, so we have a history of 105 years now. This makes us

Read Full PostRead - Eye Icon
All Wheels All Ages All Abilities
Innovation
20/11/2017All Wheels All Ages All Abilities

All Wheels All Ages All Abilities



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow