BirAllah 13 tcf reserve project to follow bp’s Greater Tortue Ahmeyim’s in African gas rush



Elliot Connor, Field Editor for The Republic of the Congo region, Energy Capital & Power 4/22/2022

Neighboring the 15 trillion cubic feet (tcf) Greater Tortue Ahmeyim’s (GTA) gas reserves, BirAllah’s own 13 tcf in natural gas lies offshore the Mauritania-Senegal border at 2,500 meters deep. Discovered via a trio of wells drilled by the Valaris DS-12 drillship in 2019, the high-quality gas at BirAllah represents the largest deep water gas discovery of 2019 and the third largest overall. Now, as bp’s GTA project approaches its mid-2023 phase 1 launch, interests turn towards BirAllah which has long been slated as a follow-up for the GTA development on bp’s books.


The GTA area straddles the Senegal-Mauritania maritime border with the project performed in partnership with both countries’ national oil companies – namely, Senegal’s Petrosen and Mauritania’s SMHPM – along with bp’s partner in west Africa, Kosmos Energy. COVID-related shutdowns coupled with market pressures pushed back GTA’s timeline for first gas from the initial 2022 estimate to 2023. Now, however, with phase 1 well underway, targeting a 2.5 million tons annual output, and phase 2 – doubling the project’s capacity- under evaluation pursuant to a final investment decision expected by early 2023, bp has achieved sufficient security to move forward with BirAllah discussions.

BirAllah itself is bp’s golden goose – conveniently located on either side of the transnational GTA reserve and just as rich in resources. On the Mauritanian side, block C8 holds the Orca-1 zone and well, with 47 meters total in discovered net gas pay and further expected in deeper unexplored reserves. Below, on the Senegalese side of the border, the Cayar Profond block encompasses the Yakaar-2 well with a further 30 meters net gas pay. Between these two blocks and nine hydrocarbon zones bp has explored, drilling has de-risked up to 50 tcf worth of gas initially in place.

Thus far, development timelines for BirAllah are uncertain and unannounced, but between Senegal’s Yakaar-Terenga, Mauritania’s BirAllah and the transnational GTA hubs, substantial amounts of natural gas wait to be tapped. Per Wood Mackenzie’s best estimations, this is but a third of the total output we can expect to see from the region in the next 10-15 years. Hence, low carbon intensity projects like these are becoming more and more attractive to producers like bp and to energy markets themselves.

Moreover, with Senegal’s own gas master plan released as recently as 2019 and that of Mauritania’s in development, BirAllah and its neighboring hubs are poised to be potential cash cows for bp and will kickstart the MSGBC’s rise in the global gas and energy market.







Source link

Related articles

Uncover Quantum Computing in Japan’s Pore Care Innovation

The Mintel Most Revolutionary (MMI) awards acknowledge standout product improvements from all over the world that replicate altering shopper wants and signaling the place markets are heading subsequent. One of many 2026 winners...

Matador strikes $1.28 billion Delaware basin deal, provides 16,000 acres

(WO) — Matador Assets has agreed to amass Permian basin operator Paloma Permian LLC for $1.275 billion in money whereas additionally increasing its place within the rising Woodford play, the place the corporate...

The request couldn’t be happy

ERROR: The request couldn't be happy The request couldn't be happy. Request blocked. We will not hook up with the server for this app or web site presently. There may be an excessive amount of visitors...

Oil costs come off the boil in closing stretch of the week

The principle focus in markets continues to be on US-Iran tensions and that hasn't actually modified a lot for the reason that begin of the week. From earlier: Center East tensions stay heightened...

BitMEX Is Closing, however the Perpetual Swap Is Simply Getting Began

Eight months in the past, BitMEX co-founder Arthur Hayes argued that conventional exchanges must “adapt or die” as perpetual swaps unfold past crypto. Now BitMEX itself is closing, whereas the exchanges it as...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com