Petroleum Africa
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Tuesday, November 4, 2014
Kosmos Energy issued an operational update in its recently released Q3 report. The company and partners on Ghana’s Jubilee field are seeing average production rates of about 102,000 bpd during Q3, and 103,000 on average for the first nine months of the year. Kosmos said that the Jubilee partners and the government continue to support Ghana National Gas Co.’s gas infrastructure project which will aid the partners in achieving higher production rates. The gas infrastructure project will help to alleviate gas-related constraints currently limiting the field’s oil production.
During August Kosmos entered into a farm-in agreement for acreage in Senegal. The agreement had the company acquiring an operated interest in two offshore areas covering nearly 18,000 sq km. The company said the acreage is consistent with its exploration strategy, targeting Cretaceous-age objectives.
Kosmos continued to advance its exploration portfolio through additional seismic acquisition and interpretation. A 5,100 sq km 3D seismic program in the Cap Boujdour Offshore block off Morocco was completed in early September, and a 7,000-sq km 3D seismic survey currently underway on our Senegal blocks is expected to be completed in Q1 2015.
The Atwood Achiever drillship is currently mobilizing to northwest Africa in advance of the company’s multi-year drilling campaign. The initial exploration well targeting the Al Khayr prospect (previously named Gargaa) is expected to spud late Q4.
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