Mauritania: Kosmos Energy Discovers Gas Reservoir

Mauritania: Kosmos Energy Discovers Gas Reservoir

Kosmos Energy announced that the Marsouin-1 exploration well, located in the northern part of Block C-8 offshore Mauritania, has made a significant, play-extending gas discovery. This is the company’s second major discovery of 2015, according to a press realease.

The latest discovered field, described as “a large gas resource,” is preliminary estimated to have 5 trillion cubic feet of gross resources with substantial upside and is expected to boost the setting up of a Liquefied Natural Gas project for there are hopes that other commercial gas discoveries will be made as the exploration continues, The North Africa Post reported.

Low global prices of hydrocarbons have forced many companies to suspend exploration activities but CEO Andrew G. Inglis of Kosmos said the “well-to-seismic calibration has significantly de-risked the discovered resource base, as well as future prospects in the basin” still underexplored.

He added that the company will continue with its “disciplined exploration and appraisal program” to effectively explore the Mauritania and Senegal basins.


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