Continental Focus, International Reach

Kosmos Updates Africa Ops

Tuesday, August 5, 2014

Kosmos Energy gave an update on its operations in Africa starting with Ghana and the Jubilee Field. The company said that the field saw gross average production of approximately 104,000 bpd during Q2, up from its average in Q1. The field partners and the government of Ghana are working together with various stakeholders to advance the export infrastructure needed to alleviate gas-related constraints currently limiting the field’s oil production.

Kosmos continues to mature a number of promising opportunities in its portfolio through additional seismic acquisition and interpretation. A 4,300-sq km 3D seismic program in the Tarhazoute Offshore and Essaouira Offshore blocks in Morocco was completed in early July, and a 5,100 sq km 3D seismic survey currently underway in the Cap Boujdour Offshore block is expected to be completed in Q3.

In Mauritania the company said that based on encouraging results from ongoing seismic interpretation of its exploration program is being accelerated with a farm-out initiative scheduled for later this year ahead of an initial exploration well targeted in 2015.

The Atwood Achiever drillship is scheduled for delivery in late August to begin mobilizing to northwest Africa in advance of the company’s next exploration well which is expected to spud in late-2014.

 


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