Saudi Arabia - joining the dots

A series of blog entries exploring Saudi Arabia's role in the oil markets with a brief look at the history of the royal family and politics that dictate and influence the Kingdom's oil policy

Showing posts with label Requin Tigre. Show all posts
Showing posts with label Requin Tigre. Show all posts

Monday, 5 February 2018

Kosmos' end of a winning streak with dry well at Requin Tigre

Kosmos Requin Tigre prospect was announced dry this morning. This was a "make it" well that had the potential to add 60bcf of gas in the Senegal/Mauritania trend and would have increased total gas discovered in the basin to over 100tcf. However, this dry well constrains Kosmos' growth in the basin with no further exploration drilling in area for now. The drillship will now proceed to test two oil prospects offshore Suriname commencing in early Q2 2018. With three dry wells in a row, Requin Tigre, Hippocampe and Lamantin (the last two targeting...

Saturday, 23 December 2017

Kosmos: An unfinished West African story

Kosmos has had a busy 2017 chasing a high risk high reward oil play and working up its Senegal/Mauritania gas resources. In the second half of the year Hippocampe and Lamantin both came in dry ending the company's campaign for higher value oil. It can now focus on developing the c.40tcf of gas found at Tortue, Teranga, Yakaar and BirAllah. It has hopefully found the right partner in BP who farmed-in in late 2016. Although not generally seen...