Kosmos continues evaluation of GOM inventory

Kosmos Energy, Dallas, completed drilling the Resolution exploration well (Kosmos 50%, BP 50%) in the US Gulf of Mexico. The well will be plugged and the well results integrated into the ongoing evaluation of the surrounding area.

Resolution—drilled in 600 m of water to 7,700 m TD—was designed to test an amplitude-supported sub-salt prospect in the underexplored western Garden Banks area. The well encountered reservoir quality sands; however, the primary exploration objective proved to be water bearing. A $55-million exploration expense is expected to be recorded in the fourth quarter related to the drilling.

Kosmos expects to spud the Oldfield prospect (Kosmos 40%, Hess 60%) in early December with results in the first quarter of 2020. The company continues to high grade its multi-year infrastructure-led exploration prospect inventory in the Gulf of Mexico with a further three wells expected in 2020, it said.