Image courtesy of Kosmos Energy/Youtube.

Dallas-based  Kosmos Energy said Monday it drilled dry at its CB-1 exploration well at the Cap Boujdour permit area in offshore Morocco.

The well, located in offshore Western Sahara, encountered 45 feet of net gas and condensate pay in clastic reservoirs over a gross hydrocarbon bearing interval of 1,640 feet.

CB-1 is located 105 miles off the coast of Morocco in 7,004 feet of water and was drilled to a total depth of 18,700 feet.

The discovery is non-commercial and the well will be plugged and abandoned.

Kosmos Energy said the results have “significantly de-risked further exploration by demonstrating a working petroleum system” in the Cap Boujdour permit.

Kosmos operates the Cap Boujdour license with a 55 percent stake.

Morocco’s Office National des Hydrocarbures et des Mines holds a 25 percent stake and Capricorn Exploration and Development Company, a wholly owned subsidiary of UK-based Cairn Energy, holds a 20 percent stake.

“The well results confirm the substantial exploration potential of our 22,000 square kilometer Cap Boujdour block, which includes a diverse range of independent plays and fairways with multiple prospects,” Chairman and CEO Andrew G. Inglis said.


Leave a Reply