Kosmos has major operations offshore Ghana, including the Jubilee Field and additional developments. Learn more.
Our acreage offshore Morocco (including Western Sahara) is a prime example of the frontier nature of our portfolio. Learn more.
Kosmos’ position offshore Suriname is an expansion of the core Cretaceous theme in a new geography. Learn more.
In Mauritania, we are returning to our core Cretaceous theme along the West African Transform Margin.
We are exploring overlooked plays in the Porcupine Basin offshore Ireland, implementing a “Jubilee perspective” in the North Atlantic.
Entering Portugal gives Kosmos the opportunity to use our understanding of Cretaceous plays in an unexplored location.
Kosmos’ Senegal acreage is adjacent to existing blocks in Mauritania, where a proprietary 3D seismic survey shows great potential.
Kosmos is a leading oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company’s value-driven asset portfolio includes long-life production and other major project developments offshore Ghana. In addition, Kosmos has established leading oil and gas exploration positions with substantial hydrocarbon potential offshore Ireland, Mauritania, Morocco (including Western Sahara), Portugal (pending government approval), Senegal and Suriname. We are also identifying and capturing new petroleum systems in other areas.
Our initial success and the foundation of the company is the Jubilee field, offshore Ghana, which unlocked the Tano Basin petroleum system in 2007. First production at Jubilee came online in late 2010, three-and-a-half years after discovery. We produced over 87 million barrels of oil and saw a net reserve replacement of 140% at year-end 2013.
Further success offshore Ghana has followed the initial discovery at Jubilee. Development at the Tweneboa, Enyenra, and Ntomme fields (TEN), our second major deepwater oil project in Ghana, is now underway with first production targeted for 2016. In addition, we expect to complete appraisal in the Mahogany, Teak, and Akasa areas (MTA) in 2014.
Kosmos is expanding its large exploration portfolio with choice positions in multiple petroleum basins. We believe in organic production and cash flow growth through sustained exploration success and follow-on developments. Areas of ongoing oil and gas exploration include offshore Ireland, Mauritania, Morocco (including Western Sahara), Portugal (pending government approval), Senegal, and Suriname, with multiple prospects being matured for drilling.