Kosmos preparing to drill offshore Morocco

Offshore staff

DALLAS – Kosmos Energy (NYSE:KOS) has unveiled its planned capital program for 2013.

On the company’s offshore Morocco licenses, this provides for additional geological studies, and further processing and interpreting of 3D data already acquired on the Agadir basin blocks.

Funds are also set aside for completion of the company’s acquisition of an extra 37.5% stake in the Essaouira block. The company is targeting first drilling offshore Morocco in late 2013.

Off Mauritania, the company expects to start a large 2D seismic survey during the first half of the year, followed by a 3D seismic program later in 2013.

Offshore Suriname, the company anticipates additional spending connected to processing and interpretation of a 3D seismic survey acquired late last year.


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...