Kosmos Energy confirms large scale gas find offshore Senegal

The gas find has the potential to support the firm’s second LNG project in the country.

U.S. oil and gas exploration company, Kosmos Energy, confirmed that it has made a large-scale gas find at its Yakaar-2 appraisal well in the Cayar Offshore Profond block, offshore Senegal.

The well, which forms part of the Yakaar-Teranga gas project, was drilled in approximately 2,500 kilometers of water to a total depth of 4,800 kilometers. Other partners on the project include supermajor BP and the country’s national oil company, PETROSEN.

In a statement released on Monday, the company said the Yakaar-2 appraisal well showed results significant enough to consider a second liquefied natural (LNG) export plant in Senegal, with the Yakaar-2 appraisal well having the potential to support an LNG project that provides significant volumes of natural gas.

“The Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in a similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing the 100 percent success rate of wells targeting the inboard Mauritania gas trend,” Kosmos said.

“The Yakaar-2 appraisal well demonstrates the scale and quality of the Yakaar resource base,” said Andre G. Inglis, the company’s Chief Executive Officer.

He added that “Senegal is one of the fastest-growing economies in the world and Kosmos is excited to be working alongside BP and PETROSEN to support the country’s growing energy needs.”

H.E Macky Sall, President of Senegal, will deliver the keynote address at the 2019 Africa Oil & Power conference and exhibition on October 9-11 at the CTICC 1 in Cape Town.

He will lead a delegation including H.E. Mouhamadou Makhtar Cisse, Senegal’s Minister of Petroleum and Energy; Ousmane N’diaye, Permanent Secretary of Cos-Petrogaz and Mamadou Faye, Managing Director of PETROSEN.

This year, President Sall will receive the prestigious Africa Oil Man of the Year award presented by Africa Oil & Power for his efforts in transforming Senegal’s energy sector and positioning the country as a leader in the global oil and gas industry.

Learn more and register for the conference at www.aop2019.com