Kosmos Energy’s Teranga-1 exploration well offshore Senegal has hit significant gas pay.
Located in the Cayar Offshore Profond Block in nearly 1,800 m of water, the Teranga-1 well was drilled to a total depth of 4,485 m. The well encountered 31 m of net gas pay in good quality reservoir in the Lower Cenomanian objective.
Kosmos said well results confirm that a prolific inboard gas fairway extends about 200 km from the Marsouin-1 well in Mauritania through the Greater Tortue area on the maritime boundary to the Teranga-1 well in Senegal. Kosmos has now drilled five consecutive successful exploration and appraisal wells in this fairway with a 100% success rate.
The company has discovered a gross mean resource of about 0.7 Tcm and estimates the fairway might hold more than 1.4 Tcm of resource potential.
Andrew G. Inglis, chairman and CEO, said, “Our continuing exploration success demonstrates we have opened a supermajor scale basin offshore Mauritania and Senegal with world-class resource potential. Given the scale and quality of the gas resource discovered along the inboard trend, our focus is to move this resource through to development. Our forward exploration plan is to mature the two independent tests with oil potential in northern Mauritania and in the outboard of Mauritania and Senegal for drilling in 2017.”
Kosmos holds a 60% interest in the Teranga-1 well, along with Timis Corp. (30%), and the Société des Pétroles du Sénégal (Petrosen), which has 10%.
Since 2014, Kosmos has held rights to conduct exploration in the St. Louis Offshore Profond and Cayar Offshore Profond license areas under production sharing contracts with the Government of Senegal.
Recommended Reading
US Interior Department Releases Offshore Wind Lease Schedule
2024-04-24 - The U.S. Interior Department’s schedule includes up to a dozen lease sales through 2028 for offshore wind, compared to three for oil and gas lease sales through 2029.
Utah’s Ute Tribe Demands FTC Allow XCL-Altamont Deal
2024-04-24 - More than 90% of the Utah Ute tribe’s income is from energy development on its 4.5-million-acre reservation and the tribe says XCL Resources’ bid to buy Altamont Energy shouldn’t be blocked.
Mexico Presidential Hopeful Sheinbaum Emphasizes Energy Sovereignty
2024-04-24 - Claudia Sheinbaum, vying to becoming Mexico’s next president this summer, says she isn’t in favor of an absolute privatization of the energy sector but she isn’t against private investments either.
Venture Global Gets FERC Nod to Process Gas for LNG
2024-04-23 - Venture Global’s massive export terminal will change natural gas flows across the Gulf of Mexico but its Plaquemines LNG export terminal may still be years away from delivering LNG to long-term customers.
US EPA Expected to Drop Hydrogen from Power Plant Rule, Sources Say
2024-04-22 - The move reflects skepticism within the U.S. government that the technology will develop quickly enough to become a significant tool to decarbonize the electricity industry.