Last €11.19 EUR
Change Today -0.378 / -3.27%
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Company Description

Contact Info

920 Memorial City Way

Suite 100

Houston, TX 77024

United States

Phone: 713-579-9100

Fax:

Cobalt International Energy, Inc. operates as an independent exploration and production company. The company has operations in the deepwater U.S. Gulf of Mexico and offshore Angola and Gabon in West Africa. Project Appraisal and Development U.S. Gulf of Mexico The company has an extensive below-salt exploration prospect inventory in the deepwater U.S. Gulf of Mexico. Its U.S. Gulf of Mexico operations target oil-focused prospects in the subsalt Miocene and Inboard Lower Tertiary horizons in the deepwater U.S. Gulf of Mexico. Heidelberg Project: The company’s Heidelberg project was formally sanctioned in mid-2013, and Anadarko Petroleum Corporation, as operator, estimates first production from Heidelberg in 2016. The Heidelberg production facility is designed to produce up to approximately 80,000 barrels of oil per day. As of December 31, 2013, the company had 7.9 million barrels of oil and 3.4 billion cubic feet of gas of net proved undeveloped reserves attributed to the Heidelberg project. North Platte Project: In 2012, the company announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater U.S. Gulf of Mexico. The North Platte #1 exploration well is located in approximately 4,400 feet of water and was drilled to a total depth of approximately 34,500 feet. The company is the operator of North Platte and owns a 60% working interest. Shenandoah Project: In 2013, the company announced that the Shenandoah appraisal well encountered approximately 1,000 net feet of oil pay in multiple Inboard Lower Tertiary-aged reservoirs. The company owns a 20% non-operated working interest in the Shenandoah project. West Africa The company and its partners are moving forward on its Cameia development project and evaluating its additional discoveries offshore West Africa. The company has an extensive pre-salt exploration prospect inventory offshore West Africa. The company’s West Africa operations include appraisal and development activities on its discoveries as well as the exploration of oil-focused prospects targeting pre-salt geologic horizons in the Kwanza basin offshore Angola and the South Gabon Coastal basin offshore Gabon. Cameia Project (Block 21): The company is the operator of and has a 40% working interest in the Cameia project. Its partners in the Cameia project include Sonangol Pesquisa e Produção, S.A. (Sonangol P&P), with a 35% working interest, Nazaki Oil and Gáz, S.A. (Nazaki), with a 15% working interest, and Alper Oil, Limitada (Alper), with a 10% working interest. Lontra Discovery (Block 20): In 2013, the company announced that its Lontra #1 exploration well had been drilled to a total depth of 13,763 feet (4,195 meters) and encountered approximately 250 feet (75 meters) of net pay in a reservoir section. The company is the operator of and has a 40% working interest in the Lontra discovery. Its partners in Lontra include BP Exploration Angola (Kwanza Benguela) Limited (BP) and Sonangol P&P, with each partner holding a 30% working interest. Bicuar Discovery (Block 21): In January 2014, the company announced that the Bicuar #1A exploration well was drilled to a total depth of 18,829 feet (5,739 meters) and encountered approximately 180 feet (56 meters) of net pay from multiple pre-salt intervals. The company is the operator of and has a 40% working interest in the Bicuar discovery. The company’s partners in Bicuar include Sonangol P&P (35% working interest), Nazaki (15% working interest), and Alper (10% working interest). Mavinga Discovery (Block 21): The company is the operator of and has a 40% working interest in the Mavinga discovery. The company’s partners in Mavinga include Sonangol P&P (35% working interest), Nazaki (15% working interest), and Alper (10% working interest). Orca Discovery (Block 20): In February 2014, the company provided an update on its Orca #1 deepwater pre-salt exploration well in Block 20, offshore Angola. The well has reached total depth and has resulted in the company’s fifth consecutive pre-salt discovery in Angola's Kwanza basin. Diaman Discovery (Diaba Block): In 2013, the company announced that t

 

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