KOS - Kosmos Energy Strikes Oil: Winterfell Development Begins Production in US Gulf of Mexico | Benzinga
Kosmos Energy Ltd. (NYSE:KOS) shares are trading higher after the company disclosed the successful startup of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.
Winterfell (Kosmos 25.04% working interest) is a phased development.
The Winterfell unit spans several Green Canyon blocks, with potential for further development in adjacent areas where Kosmos also holds interests.
The Winterfell field is developed through a 13-mile subsea tieback. The first phase, consisting of five wells, aims to produce around 100 million barrels of oil equivalent.
Despite initial ...