BP, the British oil giant said its joint venture with Kosmos Energy in the Yakaar-1 exploration project has yielded a major gas discovery offshore Senegal.
BP said the well was drilled to a total depth of approximately 4,700 meters in nearly 2,550 metres of water in the Cayar Offshore Profond block by the Atwood Achiever drillship.
Bernard Looney, BP Upsteam chief executive officer, commented “Yakaar-1 follows the earlier exploration success that led to the Tortue discovery and further confirms our belief that offshore Senegal and Mauritania is a world-class hydrocarbon basin. This discovery marks an important further step in building BP’s new business in Mauritania and Senegal. We look forward to results from the additional exploration wells planned for 2017.”
The Yakaar discovery, coupled with the Teranga discovery, creates the foundation for a further LNG hub in the basin.
BP and Kosmos said they will drilling for stem testing the Tortue discovery in mid-2017 and will now drill 3 additional exploration wells over the next 12 months offshore of Senegal and Mauritania.
The project was known as Teranga West, Yakaar-1 is in the Cayar Offshore Profond block roughly 95 kilometres northwest of Dakar. In May of 2016, Kosmos announced another significant gas discovery approximately 40 kilometres to the east at the Teranga-1 exploration well.
The project is part of BP’s investment in the country which was increased in April with the acquisition of full 30% minority participating interests that Timis Corporation held in the Saint-Louis Profond and Cayar Profond blocks offshore Senegal. This is subject to government approval and follows BP’s entry into Mauritania and Senegal through an agreement with Kosmos Energy, announced in December 2016.