Asset Report
Mauritania Senegal - Bove exploration basin
Report summary
Early exploration in the basin focused on the Tertiary deepwater play. The 2001 Chinguetti discovery created initial excitement that was short lived due to performance issues at the field, leading to substantial reserves downgrades. In 2015, Kosmos Energy made the multi-tcf Tortue (formerly Ahmeyim) gas discovery in Mauritania. A further well in January 2016, proved up the extension of the Greater Tortue Complex south in to neighbouring Senegal. Also in 2015, Kosmos made a second large gas discovery with its Marsouin-1 exploration well. BP and Kosmos discovered the 10 tcf Orca field in 2019, confirming the continued potential of the basin. Following the oil price crash and coronavirus crisis in 2020, timing of further exploration in the basin is uncertain.
Table of contents
- Wells drilled and success rates
- Basin success rates
- Volumes discovered
-
Prospective resource potential
- Play inputs
- Model field pool size distribution
- Existing discoveries and modelled prospective resource pool size distribution
- Prospective resource costs and underlying development assumptions
- Licensing
- Fiscal terms
- Oil and gas prices
-
TYP economics
- Outlook economics
-
Development value
- Cretaceous-Tertiary Deepwater Oil
- Cretaceous-Tertiary Deepwater Gas
-
Prospect breakeven price
- Cretaceous-Tertiary Deepwater Oil
- Cretaceous-Tertiary Deepwater Gas
- Expected monetary value (EMV)
- Play economics
-
Full cycle basin economics
- Implied acreage value
Tables and charts
This report includes 47 images and tables including:
- Drilling activity by well type
- Discoveries and success rates
- Discoveries and success rates
- Discoveries by licence year and drilling year
- Basin creaming curve
- Key basin data
- Volumes discovered by year
- Average discovery size and volume per well by year
- Top discoveries (TYP period)
- Cumulative discoveries by play
- Cumulative volumes discovered by play
- Forecast data by play (outlook)
- Cretaceous-Tertiary deepwater oil
- Cretaceous-Tertiary deepwater gas
- Recent discovery costs
- Summary of discovery and development costs
- Exploration and appraisal spend
- Exploration spend per well and average well depth
- Typical fiscal terms
- Brent and local oil price assumptions
- Henry Hub and local gas price assumptions
- TYP value creation, spend and volume discovered
- Returns by drilling year
- Cretaceous-Tertiary Deepwater Oil
- Cretaceous-Tertiary Deepwater Gas
- Cretaceous-Tertiary Deepwater Oil
- Cretaceous-Tertiary Deepwater Gas
- Full cycle economic analysis
- Cretaceous-Tertiary deepwater oil
- Cretaceous-Tertiary deepwater oil
- Cretaceous-Tertiary deepwater gas
- Cretaceous-Tertiary deepwater gas
- Cretaceous-Tertiary Deepwater oil
- Cretaceous-Tertiary Deepwater gas
- Cretaceous-Tertiary Deepwater oil
- Cretaceous-Tertiary Deepwater gas
- Breakeven price versus prospect size
- Value creation versus investment
- Value of potential discoveries
- Unit value of potential discoveries
- Value of potential discoveries
- Unit value of potential discoveries
- Breakeven price of exploration
- Discount rate breakeven price sensitivities
- Breakeven price of exploration
- Discount rate breakeven price sensitivities
- Average value of future discoveries and implied acreage value
What's included
This report contains:
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