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BP and Kosmos Energy makes major gas find off Senegal

BP and Kosmos Energy makes major gas find off Senegal

May 09, 2017
2 min read
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BP along with joint venture partner Kosmos Energy have made a major gas discovery offshore Mauritania and Senegal.

Formerly known as Teranga West, Yakaar-1 is in the Cayar Offshore Profond block roughly 95 kilometres northwest of Dakar.

The Yakaar-1 exploration well was drilled to a total depth of approximately 4,700 meters in nearly 2,550 metres of water in the Cayar Offshore Profond block by the Atwood Achiever drillship.

Bernard Looney, BP Upsteam chief executive officer, commented: “Yakaar-1 follows the earlier exploration success that led to the Tortue discovery and further confirms our belief that offshore Senegal and Mauritania is a world-class hydrocarbon basin. This discovery marks an important further step in building BP’s new business in Mauritania and Senegal. We look forward to results from the additional exploration wells planned for 2017.”

BP and Kosmos will be drill stem testing the Tortue discovery in mid-2017 and will now drill 3 additional exploration wells over the next 12 months offshore of Senegal and Mauritania.

BP in April agreed to deepen its investment in Senegal by acquiring the full 30 per cent minority participating interests that Timis Corporation held in the Saint-Louis Profond and Cayar Profond blocks offshore Senegal.

On completion of the agreements, participating interests in the Senegal blocks will be similar to the aligned partnership in Mauritania, with BP holding participating and effective working interests of close to 60 per cent, Kosmos close to 30 per cent and Société des Pétroles du Sénégal (Petrosen) 10 per cent.

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