Located approximately 125 kilometers offshore Mauritania, the well is estimated to have about 13 trillion cubic feet of gas.
Commenting this new gas discovery, Kosmos chairman Andrew G. Inglis said the Orca-1 well concludes a very strong year for exploration and appraisal in Mauritania and Senegal.
“Orca-1, which we believe is the largest deepwater hydrocarbon discovery in the world so far this year, further demonstrates the world-scale quality of the Mauritania gas basin”, he added.
Kosmos Energy had planned to sell its interest in the Mauritania-Senegal basin by the end of the year, but after this new important discovery the company decided to extend its timeline process to 2020 in a bid to give “potential bidders additional time to analyze the new data”.
Kosmos is based in Dallas (Texas) and is listed on the New York Stock Exchange and London Stock Exchange. It is full cycle deepwater oil and gas exploration and production company focused on the Atlantic Margins, and holds assets including production offshore Ghana, Equatorial Guinea and US Gulf of Mexico, along with a gas development offshore Mauritania and Senegal.