Kosmos, BP Make Major Gas Find Offshore Mauritania
Kosmos Energy announced that it had made a major gas discovery in its Orca-1 exploration well offshore Mauritania in the BirAllah Area.
The well, located in the BirAllah development, was drilled in 2,510 meters of water to a total depth of 5,266 meters and encountered 36 meters of net gas pay in “excellent quality reserves,” exceeding pre-drill expectations. Kosmos said it sees potential to extract 50 trillion cubic feet of gas in the Orca and Marsouin finds.
With the potential to support a large-scale LNG project, this discovery boosts the region’s competitiveness and development of its LNG and gas industries.
“Orca-1, which we believe is the largest deepwater hydrocarbon discovery in the world so far this year, further demonstrates the world-scale quality of the Mauritania gas basin,” said Chairman and Chief Executive Officer Andrew G. Inglis.
“With sufficient resource in place at the BirAllah hub, Kosmos looks forward to working with the Government of Mauritania and its partners to bring benefits to the people of Mauritania through the development of cost-competitive, low carbon intensity projects.”
Earlier this year, Kosmos shared that it had begun the process of selling down its interest in the Mauritania-Senegal basin, however, as a result of this discovery, the firm said it is extending its timeline of the sell-down process to 2020, “giving potential bidders additional time to analyze the new data.”
Partners in the BirAllah development include BP and Mauritania’s national oil company, Société Mauritanienne des Hydrocarbures et de Patrimoine Minier.