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BP drilling campaign confirms potential of gas resources offshore Mauritania and Senegal

Release date: 16 December 2019

BP announced today that its recent three-well drilling campaign offshore Mauritania and Senegal has further confirmed the world-class scale of the gas resource in the region.

 

Three appraisal wells drilled this year, GTA-1, Yakaar-2 and Orca-1, targeted a total of nine hydrocarbon-bearing zones. The wells encountered gas in high quality reservoirs in all nine zones.

 

The wells were the first in the region to be operated by BP. All three were completed safely, under budget and ahead of schedule. In total, the wells encountered 160 metres of net pay, growing confidence in the significant gas resources in the region. The overall drilling campaign was delivered 40 days ahead of schedule and $30 million under budget.

 

Most recently, in November, Orca-1 well in Block C8 offshore Mauritania, successfully encountered all five of the gas sands originally targeted. The well was then further deepened to reach an additional target, which also encountered gas.

 

"This is an exciting result as it proves that our seismic data is identifying hydrocarbon reservoirs deeper than we had previously thought. We have identified a large prospective area with considerable resource potential in Southern Mauritania. We will now conduct further appraisal drilling to help inform future development decisions."

 

Howard Leach, BP's head of exploration

Howard Leach, BP's head of exploration, said: "This is an exciting result as it proves that our seismic data is identifying hydrocarbon reservoirs deeper than we had previously thought. We have identified a large prospective area with considerable resource potential in Southern Mauritania. We will now conduct further appraisal drilling to help inform future development decisions."


The Greater Tortue Ahmeyim Phase 1 development was sanctioned in December 2018. The successful results of Yakaar-2 and Orca-1 could underpin future developments, including a possible new development in Yakaar-Teranga in Senegal and in the Bir Allah/Orca area in Southern Mauritania. The timings of both potential future developments will depend on the level of appraisal required, supporting commercial development plans and integrated gas master plans in the host nations.


BP's partners in Block C8 in Mauritania are Kosmos Energy and SMHPM (Société Mauritanienne Des Hydrocarbures et de Patrimoine Minier). BP's partners in the Cayar Profond block (which includes Yakaar-2) in Senegal are Kosmos Energy and Petrosen. BP's partners in the Greater Tortue Ahmeyim unit are Kosmos Energy, SMHPM and Petrosen. 

Notes to editors

 

  • In Mauritania, BP's working interests in offshore Blocks C-6, C-8, C-12 and C-13 is 62%, with Kosmos Energy holding 28% and Société Mauritanienne Des Hydrocarbures et de Patrimoine Minier (SMHPM) holding 10%. In Senegal, BP holds participating and effective working interests in the Saint-Louis Profond and Cayar Profond blocks offshore Senegal of 60%, with Kosmos Energy holding 30% and Société des Pétroles du Sénégal (Petrosen) holding 10%. 
  • The Tortue gas field is located on the maritime border between Mauritania and Senegal and is being developed as the Greater Tortue Ahmeyim project – an innovative offshore floating Liquefied Natural Gas facility. It will be the first development that establishes the basin as a world class source of gas, providing revenue for the countries, as well as a low-cost source of domestic energy. BP is the lead operator for the project.

Further information

 

Contacts

 

BP press office, London: +44 (0)20 7496 4076, bppress@bp.com

Cautionary statement

 

In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 (the 'PSLRA'), BP is providing the following cautionary statement. This press release contains certain forward-looking statements – that is, statements related to future, not past events and circumstances – which may relate to one or more of the financial condition, results of operations and businesses of BP and certain of the plans and objectives of BP with respect to these items. These statements are generally, but not always, identified by the use of words such as 'will', 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under "Risk factors" and in any of our more recent public reports.

Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com, or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.