Continental Focus, International Reach

Kosmos and BP Drill a Tame Tigre

Wednesday, February 7, 2018

Kosmos Energy and BP struck out with their latest well offshore Senegal, the Requin Tigre-1 exploration well. The Requin Tigre-1, located on the St. Louis Offshore Profond Block, was drilled to a total depth of 5,200 meters and was designed to evaluate Cenomanian and Albian reservoirs in a structural-stratigraphic trap, charged from an underlying Neocomian-Valanginian source kitchen. According to Kosmos the prospect was fully tested but did not encounter hydrocarbons.

Post-well analysis is currently ongoing to determine the reasons it was unsuccessful. The exploration insights from the well, together with existing knowledge, will provide competitive advantage, and meaningfully advance the working understanding of the deepwater Cretaceous petroleum systems offshore Mauritania and Senegal. There, it is believed, remains substantial prospectivity in the company’s large acreage position.

Andrew G. Inglis, chairman and CEO, said: “With each exploration well drilled, we deepen our understanding of this newly emerging basin, further refining our geologic model and geophysical tools. Requin Tigre was the last well in our second phase of exploration of the deepwater Cretaceous petroleum systems offshore Mauritania and Senegal targeting large basin floor fan structures. We have delivered one success (Yakaar) in four wells in this second phase program, following three successes in three wells (Tortue, Marsouin, Teranga) in the first phase program targeting inboard structures on the slope. Overall, we have discovered gross resource of 40 trillion cubic feet, at a net cost of $0.20 per barrel of oil equivalent benefiting from the partner carry and have created the potential for two world scale LNG hubs. We will rigorously evaluate our large inventory of prospects across Mauritania and Senegal ahead of the next phase of exploration offshore the two countries.”

Kosmos was fully carried on the cost of the Requin Tigre well.

The drillship will proceed as planned to test two oil prospects offshore Suriname commencing in early Q2.