Kosmos advances Gulf of Mexico prospect
Production from Winterfell could start in as little as two years
US independent Kosmos Energy’s Winterfell oil prospect in the Gulf of Mexico could begin production as soon as 2024, the company says. A second appraisal well at Winterfell generated better-than-expected results and has helped the developers to determine the overall size of the resource, estimated at around 100mn bl gross. “The well results are encouraging,” says Kosmos CEO Andrew Inglis. Winterfell is “a low-cost, lower-carbon development scheme that could be brought online in around two years", he adds. Kosmos holds a 16.4pc working interest in Winterfell, which is part of block 943 in the Green Canyon region and has several options for tiebacks to existing or planned facilities. The rest
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields