Kosmos works up fast-track schedule for 135 million barrel US discovery - Upstream Online
Kosmos works up fast-track schedule for 135 million barrel US discovery | Upstream Online
Kosmos Energy aims to produce first oil from its recent 135 million barrel Tiberius discovery in the US Gulf of Mexico by the end of 2025.
The UK-listed independent discovered Tiberius last month in 7500 feet of water in Keathley Canyon Block 964.
The probe hit about 250 feet of net oil pay after being drilled to a final depth of about 25,800 feet, testing a four-way structural trap, hitting oil in its primary Wilcox target.
Related Knowledge Center: Methane
As the production of natural gas from shale fields has expanded, so have methane emissions. U.S. methane emissions grew 27 percent from 1990 to 2009, according to the Energy Information Administration. Methane contributes about 10 percent of all U.S. greenhouse gas emissions and is 25 times more potent a greenhouse gas than carbon dioxide.