Kosmos continues evaluation of GOM inventory

Nov. 26, 2019
Kosmos Energy, Dallas, completed drilling the Resolution exploration well in the US Gulf of Mexico. The well will be plugged and the well results integrated into the ongoing evaluation of the surrounding area.

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.